Wizz Air Posts Q4 Profit

Wizz Air Holdings PLC posted a profit in its fourth fiscal quarter. Wizz Air posted a quarterly profit of EUR5.00 million ($5.45 million), versus a year-ago loss of EUR22 million. Its net profit for the year climbed 109 percent to EUR183 million. Its revenue climbed 21 percent to EUR1.23 billion. In the year, number of passengers carried surged 18 percent to 16.5 million. For the full year, the company expects adjusted profit of EUR165 million to EUR175 million.