- 30 Jul 2020 7:32 AM
- Hungary Matters
Passenger numbers dropped by 93.2% to 707,184, while load factor declined 38.2 percentage points to 55.5%. Revenue dropped by 86.9% to 90.8 million.
Ticket revenue decreased by 92.2% to 29.4 million euros and ancillary revenue fell by 80.3% to 61.4 million euros.
Wizz Air CEO József Váradi said the airline “maintains strong market and liquidity positions after the first quarter”, noting that it was operating at around 70% of capacity at the end of June, compared to an average 11.5% in the first quarter, and it had a cash balance of around 1.6 billion euros at the end of the quarter.