Wizz Air expecting capacity growth of 'around 16%' in 2QFY2016

Wizz Air Holdings stated (29-Jul-2015) it expects to grow capacity by "around 16%" in 2QFY2016. Wizz Air Holdings said: "For the second quarter (July to September 2015) of the 2016 financial year, we expect to grow capacity, in terms of ASKs, by around 16% and anticipate a modest rise in load factor compared to the same period in the prior year. Despite continued downward pressure on unit revenues, both operating margins and underlying net profit margins are expected be modestly ahead of the prior year." [more - original PR]