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Wizz Air's aircraft is parked on the tarmac at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsNov 9 (Reuters) - European budget carrier Wizz Air (WIZZ.L) on Thursday narrowed its annual profit forecast below analyst expectations, citing continuing macroeconomic uncertainty and difficult operating conditions. Wizz Air was also one of the main airlines hit by issues with RTX (RTX.N) engines this year and had said it would face a capacity reduction as a result. That knocked its net income guidance for the financial year to between 350 million euros and 400 million euros ($374.7 million to $428.2 million), down from 350 million to 450 million euros. The budget carrier posted operating profit of 522.9 million euros ($559.8 million) for the six months to Sept. 30, compared with a loss of 63.8 million euros a year earlier.
Persons: Wizz, Bernadett Szabo, Jozsef Varadi, Varadi, RTX, Joanna Plucinska, Yadarisa, Savio D'Souza, David Goodman Organizations: Ferenc Liszt International, REUTERS, Wizz, Aerospace, Thomson Locations: Budapest, Hungary, London, Bengaluru
An 11-year-old boy has died in Budapest airport after collapsing on a Turkish Airlines flight to JFK. Turkish Airlines did not immediately respond to Insider's request for comment. An 11-year-old boy has died in Budapest airport, Hungary, after collapsing on a Turkish Airlines flight from Istanbul, Turkey, to JFK, Reuters reported. According to a statement from Budapest airport, flight TK003 on Sunday morning was quickly diverted after the young boy lost consciousness on board. Turkish Airlines did not immediately respond to Insider's request for comment.
Organizations: Turkish Airlines, JFK, Reuters, Medical Service, AMS, Ferenc Liszt International Locations: Budapest, Hungary, Istanbul, Turkey, JFK
Wizz Air sees strong summer, but more wary than rivals
  + stars: | 2023-01-26 | by ( Sarah Young | ) www.reuters.com   time to read: +2 min
[1/2] People stand next to a Wizz Air aircraft at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. Low cost rivals Ryanair (RYA.I), Europe's biggest airline, and Britain's easyJet (EZJ.L) have reported record bookings for summer holidays, in a sign that consumers are still keen on trips despite a looming recession. Asked if Wizz had seen the same, CEO József Váradi said: "Bookings are strong, but I don't want to get over-excited." Separately on Thursday, British airline and holiday group Jet2 (JET2.L) upgraded its annual profit forecast after strong demand for winter holidays and said bookings for the summer were encouraging. For the new financial year, Wizz will benefit from hedging and new capacity, forecasting growth of 25% to 30% this summer versus last, helping unit costs to improve.
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