Q3 2021 Wizz Air Holdings PLC Earnings Call Transcript
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And just to remind you, this conference call is being recorded. Today, I'm pleased to present József Váradi, CEO of Wizz Air. Please go ahead with your meeting.
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Good morning, everyone. Welcome to the -- to this conference for the Q3 fiscal '21 results.
Maybe I will just start it by outlining a few thoughts upfront that are important in the presentation, obviously, to the growing of the business. But Q3 is a period which was severely impacted by travel restrictions imposed by governments across our markets. As you know, we are operating to 47 markets. And I would say that not even 2 countries applied the same restrictions. So it's not only the restrictions, but also the complexities coming out of the restrictions across markets that impacted our business and largely the industry.
We ended with a very strong cash balance, EUR 1.2 billion at the end of December. As we said before, we are a very
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