Wizz Air Rises Most Since February on Steps to Steady Growth

Wizz Air Holdings Plc rose the most in the nine months after the budget carrier reported better-than-expected earnings and took steps to cushion the blow from lingering aircraft groundings.

Shares rose as much as 17% in London on Thursday, the most in intraday trading since February. The Hungary-based airline’s first-half results showed revenue of €3.34 billion ($3.88 billion), which was in line with forecasts.