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Wizz Air cuts second-half planned capacity by 5%

Wizz Air says it trimmed originally planned second-half capacity by 5% due to geopolitical and fuel price volatility, while upgrading second-quarter revenue per available seat kilometre (RASK) to flat year-on-year.

WIZZ

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06:16:35 AM UTC
SquawkNews
Wizz Air Sees Flat 2Q Revenue per Available Seat Kilometer

Budget carrier Wizz Air LSE:WIZZ said on Thursday that it has reduced its originally planned capacity for the second half of the year by 5% because of geopolitical and fuel price volatility. The airline also raised its second-quarter revenue per available seat kilometre (RASK) outlook to flat year-on-year, from its earlier view of a decline, the source text said.