Wizz Air CEO says bookings remain strong for winter

By Reuters News

Sept 14 (Reuters) - Wizz Air Holdings PLC WIZZ.L:

CEO Jozsef at ISTAT EMEA conference:

  • CEO SAYS IT WIL TAKE 18 MONTHS TO WORK THROUGH ENGINE-RELATED AIRCRAFT GROUNDINGS

  • CEO: NOT SURE FUEL PRESSURE WILL EASE ANY TIME SOON, THAT IS GOING TO HAVE A SORTING EFFECT IN THE INDUSTRY

  • CEO: EXPECT TO SHIFT TOWARDS OWNING MORE AIRCRAFT RATHER THAN LEASING

  • CEO: FUTURE GROWTH WILL BE CLOSER TO 10% A YEAR THAN PREVIOUS LEVELS OF 20%

  • WILL AIR CEO: BASED ON CURRENT VISIBILITY, BOOKINGS REMAINING STRONG FOR WINTER, NOT SEEING MAJOR DEMAND ISSUES

Source text: [ID:]

Further company coverage: WIZZ.L

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