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Wizz Air warns on revenue but maintains capacity growth plans
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Eoghan Corry's TRAVEL Extra
Shares in Wizz Air fell more than 5 pc in early trading following the announcement.
Despite the reduced revenues, Chief Executive Jozsef Varadi confirmed the airline would stick to its plans to grow capacity and target passenger growth.
The airline guided for seat capacity growth of up to high-twenties percentage while forecasting second-quarter revenue per available seat kilometre would fall by a low single-digit percentage year-on-year.
Jozsef Varadi, Chief Executive of Wizz Air, shared: “We will very carefully manage the capacity growth that we have in front of us.
Wizz Air monthly passenger numbersWizz air monthly growth