Wizz Air Stock Surges After More Optimistic Sales Projection

Wizz Air Holdings Plc rose the most since mid November as the low-cost carrier grows more optimistic about keeping revenue steady and makes progress managing engine issues that have grounded its aircraft.

The stock surged as much as 12% on Thursday in London, bringing the gain this year to 12%. The company reported revenue for the third quarter ending in December was almost €1.3 billion ($1.6 billion), up from €1.17 billion the previous year. That beats Bloomberg analyst estimates of €1.25 billion.