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A Wizz Air A321 aircraft in the airline's new livery. The carrier has expanded rapidly since the coronavirus pandemic began, as discussed in the AGLounge by Airline Geeks Podcast. (Photo: Wizz Air)

Wizz Air’s Profits Continue to Soar Despite Heavy Low-Cost Competition

European low-cost carrier Wizz Air has published strong results for the end of the 2018 financial year compared to 2017, with passenger numbers increasing 24.7 percent to 29.6 million, revenue by 24 percent to €1.95 billion, and profit increasing 22.1 percent to €275 million. Headquartered in the Hungarian capital Budapest, the airline is the largest based out of central and eastern Europe, operating over 500 routes from 27 bases in the region, including Romania, Ukraine, Georgia, and Poland. Destinations include…