Airline turbulence takes down Wizz Air's IPO

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Airline turbulence takes down Wizz Air's IPO

Wizz Air
An airplane of the airline Wizz Air is situated on the runway of the Airport in Memmingen, Germany, 02 July 2012. Photo: Andreas Gebert | Andreas Gebert/DPA/Press Association Images

Hungarian budget airline Wizz Air pulled its IPO on Monday as profit warnings and global unrest hit its peers with the deal entering a key stage in book building.

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