Wizz Air Holdings, parent holding of Wizz Air, expects the impact of the current war in Iran and all related disruptions to the global air market on its full-year results to be at least EUR50 million euros (USD58 million) to the end of March. One third of this amount is related to suspensions of routes to the region, while the remainder is attributable to "the adverse movement in macroeconomic factors". The estimate assumes that fuel prices and the USD-EUR exchange rate will remain unaltered.
Full Story : London Stock Exchange