Wizzair are not usually very forthcoming with their financial results (of course, they have no need to be).
However, there are a couple of interesting recent newspaper reports. This one in Czech:
Wizz Air ztrojnásobil svoji ztrátu - iDNES.cz
And this one in Slovak:
Maďarský Wizz Air skončil v desaťmiliónovej strate | Firmy | ekonomika.sme.sk
As far as I can understand them, here are the key points:
- Cumulative loss of € 78 M since starting operations 5 years ago.
- € 2.478 M net loss in 2007/8 for the whole group, but a € 3.6 M operating profit.
- € 9.548 M net loss in 2008/9 for the whole group and a € 2.948 M operating loss.
- According to John Stephenson, the Vice President, the Hungarian-registered company was profitable last year, but the recently established Bulgarian and Ukraine registered companies were loss making.
Indigo Partners appear to be continuing to provide capital to cover the losses.
Is anyone aware of any other information that has been made public?