The price of a plane ticket might jump by close to 10% this summer as European travellers try to get away after two years of heavy travel restrictions. The boss of Wizz Air said tickets are already more expensive now than they were in the year before the pandemic struck.
Jozsef Varadi expects this to increase even further, to “upper single digits” in the company’s second quarter, which runs between July and September.
“Our bookings are showing strong performance in the first fiscal quarter, with average fares trending higher at low single digits versus (the) same period in F20 (financial year ending March 2020),” he said.
