The Hungarian low-cost airline posted deep red figures in the past financial year - nevertheless, the signs are slowly but surely pointing to recovery.
In the financial year that ended at the end of March, according to initial calculations, a minus of 475 to 495 million euros was posted, as the carrier announced in its stock exchange announcement. The beginning of the new financial year is still characterized by travel restrictions in the corona crisis. The board therefore only expects a slow recovery. Because of the imponderables, a forecast is not possible. With a financial cushion of 1,615 billion euros, the airline is well armed.