Wizz Air expects to grow capacity by around 18% next year, up from its previous forecast of 17%.
In a pre-close trading statement for the first half of the financial year today, it said lower fuel prices are ‘feeding through to lower air fares’.
"Wizz Air anticipates that the downward trend in unit revenues will continue in the second half of the financial year and reiterates that the company has very limited visibility of demand in the final quarter of its financial year," it said.
"Nonetheless the strong first half financial performance, combined with robust bookings for the third quarter, are encouraging and the company now expects to report a net profit for the full year (excluding unusual and exceptional items) in the range of €190 million to €200 million."
Chief executive Jozsef Varadi said: "We are very pleased with summer trading and anticipate that this will translate into another record quarter for Wizz Air.
"We have continued to grow our network and increase our passenger numbers throughout the period while maintaining an industry leading, ultra-low cost base.
"We are also very excited about the arrival of the A321s from November this year. These aircraft will underpin our growth plans for the next decade and further improve our cost competitiveness."
