WOW: Wizz Air Forecasts $375+ Million Profit For 2024 Financial Year

Like a rising tide lifting all boats, last year's extremely favorable economic climate is the primary reason airlines from New York to Singapore to Sydney and Budapest are announcing strong profits as their financial year draws to a close. However, almost without exception, they are also warning of tougher times in 2024 that will deliver flat or reduced profits over the next 12 months.