Wizz Air CEO Stands by Major Jet-Delivery Plan in Boost to Airbus
- European discount airline seeks position for post-virus growth
- Global carriers are reviewing orders as pandemic hits demand
Photographer: Akos Stiller/Bloomberg
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Wizz Air Holdings Plc Chief Executive Officer Jozsef Varadi said Europe’s third-biggest discount carrier will take delivery of hundreds of new jetliners as planned despite idling 90% of capacity in response to the coronavirus outbreak.
Wizz will accept all 15 Airbus SE planes due this year, followed by the rest of its commitment, to position itself for a post-virus rebound in travel demand and seize on expansion opportunities as the pandemic pushes rivals toward collapse, Varadi said Wednesday in a phone interview.