
The boss of low-cost airline Wizz Air warned today capacity will be “subdued for some time”, in the latest sign that the post-pandemic travel recovery may have run its course.
Revenue grew to €1.07 billion (£914 million) in the three months to 31 December, but Wizz swung to a €105 million loss. Its load factor of 87.6% is still six percentage points below 2019.