People who are planning to book a holiday this summer are being warned flight prices could jump by as much as 10% amid the busiest year for travel since before the pandemic.
The boss of Wizz Air said tickets are already more expensive now than they were in the year before covid 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.
Mr Varadi said: "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). For fiscal quarter two, we expect fares in the upper single digits ahead of the equivalent period F20."
