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Wizz Air sees full-year profit in upper-half of range

Reuters

LONDON (Reuters) - Low-cost airline Wizz Air said its net profit for the year to end-March would be in the upper half of its 270-300 million euros (£232-257 million) guidance, reflecting robust demand across its central and eastern European markets.

The London-listed airline said on Tuesday its load factor increased 2.6 percentage points year-on-year to 94.1 percent in March, and its new year had started well, with revenue per available seat per kilometer forecast to rise 4 percent in the first quarter.

(Reporting by Paul Sandle; editing by Kate Holton)