Short sellers target Wizz Air as Iran war wipes out profit
Budget airline’s CEO says crisis is ‘more manageable’ than others after forecasting €50mn hit to its bottom line
Budget airline’s CEO says crisis is ‘more manageable’ than others after forecasting €50mn hit to its bottom line

Carriers scale back expansion plans as oil prices soar

Ryanair, Wizz Air and easyJet predict a boom in travel including ‘catastrophe tourism’ once a peace deal is signed

Company curbs full-year expectations despite record first-quarter sales as Iran war pushes up costs

Chief executive József Váradi claims carriers are ‘operating based on political pressure’ in highly unusual criticism

Warnings of supply crunch as imports drop and stocks dwindle

Fuel prices have doubled since start of Iran war