Wizz Air plans to grow by 35% as travel demand holds up

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“So far we are seeing no indication of a drop in demand so we remain confident,” chief executive Jozsef Varadi said on Wednesday.

The planned 35% growth in capacity is compared to pre-pandemic levels, meaning Wizz will join larger low-cost rival Ryanair as one of the few European airlines to exceed their pre-COVID size.

Hungary-based Wizz posted core earnings for its seasonally strong June-September quarter of 374 million euros ($369 million).

That represented a recovery from the previous period when staff shortages at airports dragged the airline to a loss. Overall the airline posted an operating loss of 63.8 million euros for the March to September half.

($1 = 1.0129 euros)