CAPA Live Jun-2021. Wizz Air: "Every single airline is in trouble.”
Talking at the CAPA Live on 9-Jun-2021, Wizz Air CEO József Varadi spoke with CAPA's chairman emeritus Peter Harbison. Some of the key highlights can be found below. The next CAPA Live will be on 14-Jul-2021.
Some quotes from Mr Varadi:
- "Once the market starts lifting you will see the distress flowing through the system.
- "I think the industry was celebrating a few decades ago, that they got rid of the states, the governments, but now they are back into the game, even holding equity in airlines.
- "We are flying to 49 countries and there are no two countries that would apply the same measures on COVID.
- "Other than probably one or two airlines in Europe, I think everyone is in trouble.
- "There is no worse owner than the state."
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