Hungary's Wizz Air to focus on fares, not profit, in bid to gain on Ryanair

Earlier this week, Ryanair warned of a challenging winter season, due in large part to lingering Covid-related uncertainties

Wizz Air is trying to gain on Ryanair with lower fares.

Hungarian low fares airline Wizz Air is prepared to slash passenger fares and sacrifice profit in a bid to challenge Ryanair’s superiority in Europe as air travel begins to recover ahead of next year's key summer season.

Wizz posted a €57m operating profit for the second quarter of its financial year, and a loss of just under €121m for the first half. That loss was down 50% year-on-year.