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Hungary aviation news

Wizz Air raises forecast on strong summer demand

Low-cost airline operator Wizz Air Holdings Plc (WIZZ.L) raised its profit forecast for the year, citing strong performance during the European summer and an expanded network. The airline operator, however, cautioned on lower unit revenues continuing through the second half of the year ending March 2016, as lower fuel prices led to reduced air fares. The company joins peers easyJet (EZJ.L) a...

Wizz Air secures financing for six Airbus A321ceos

Fast-growing Hungarian low-cost carrier Wizz Air signed an agreement with China Development Bank’s CDB Leasing  to finance six Airbus A321ceos. The deal includes the carrier’s first two A321s scheduled for delivery later this year. “We’ve developed a strong relationship with CDB Leasing as they continue to support our growth, now financing the fi...