Comment from wizz26 Jan 2023 07:09
As a result, revenue in the quarter grew significantly at +123 per cent versus same period last year, while revenue per ASK was 50 per cent higher versus the same period last year (and +4 per cent vs 2019).
On the cost side, operational adjustments contributed to a significantly lower flight disruption cost compared to prior quarters. The strengthening Euro currency helped to reduce overall fuel and certain maintenance costs; however, its biggest impact was on revaluation of US dollar leasing liabilities, reversing most of the prior two quarters' losses and helping to deliver a net profit of €33.5 million for the quarter.
Wizz Air's total cash was €1.37b at the end of the calendar year, approximately the same level of total cash as at the end of 2021."