Wizz Air warns of higher costs as first-half profit falls two-thirds, Reuters reports

Wizz Air’s first-half net profit fell 66.6% to €108.1 million, Reuters reports. The carrier expects full-year unit costs excluding fuel to rise by a mid-single-digit percentage. CEO József Váradi told Reuters that phasing out older Airbus A320ceo jets would add more than €100 million in costs in the second half of its financial year.