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Nov 5 2020, 08:45 GMT
While Wizz’s Q2 loss was more than expected, the market will be more forgiving of a pricing issue when costs remain this lean. Longer-term holders will appreciate the aggressive network expansion, particularly into western/northern Europe, although we would caution that more fleet rejigging seems likely – and is indeed needed – until the backdrop is more certain.
Nov 5 2020, 08:45 GMT