Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

PRESS: Wizz Air chief expects to fly 60% to 80% capacity this summer

24th Apr 2021 09:28

(Alliance News) - Wizz Air Holdings PLC will fly 60% to 80% of its 2019 capacity this summer as the travel situation improves, Reuters reported.

"I'm expecting something between 60% to 80%, and this is the Wizz Air perspective," Chief Executive Jozsef Varadi told a virtual aviation conference on Friday, according to Reuters.

https://www.reuters.com/article/wizz-air-hldgs-outlook/wizz-air-sees-summer-capacity-at-between-60-80-idUSS8N2KU07L

In a trading update earlier this month, the Budapest-based low-cost airline said it expected "only a gradual traffic recovery into late summer 2021" before what it expects to be a period of "good progress" of national vaccination plans. However, it hadn't provided the percentage of pre-pandemic capacity that it expected to fly.

Wizz Air is "well placed for a return to normal operations" following recent investments in airplanes and new routes, it had said.

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Wizz Air
FTSE 100 Latest
Value8,326.37
Change50.71