Wizz Air issues FY2016 guidance, capacity to increase 17%

Wizz Air issued (27-May-2015) the following guidance for FY2016:

• Capacity (ASKs): 17% increase, with an 18% increase in 1HFY2016 and a 16% increase in 2HFY2016;
• Sector length: Unchanged;
• Fuel CASK: Down 1.5%, assuming a spot price of USD625 per metric tonne;
• Ex-fuel CASK: Up 1%, assuming a USD/EUR exchange rate of 1.10;
• Total CASK: Unchanged;
• RASK: Down "low single digit";
• Tax rate: 6%;
• Net profit: EUR165-175 million, excluding unusual or exceptional items. [more - original PR]