Wizz Air expands in western Europe including Cyprus as crisis brings opportunities

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Wizz Air expands in western Europe including...
 © Parikiaki 2020
LONDON (Reuters) – Hungary’s Wizz Air (WIZZ.L) is adding new flights between Britain and Spain and opening a base in Italy as it sees opportunities arising from the coronavirus crisis which is forcing competitors to contract.Wizz’s expansion comes as rival airlines announce job cuts and shrink their fleets to survive the pandemic, which for the last ten weeks has shut down air travel, leaving them struggling without revenues.

But Wizz has a strong balance sheet and while it has cut 19% of its staff, it is sticking with plans to grow its fleet and was...


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This article was automatically added to our system 29-5-2020

Wizz Air expands in western Europe including Cyprus as crisis brings opportunities


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Article Tags: expands, western, europe, including, cyprus, crisis, brings, opportunities,