#wizzair

The Daily Beast Latest Articles | CEO Makes Dire Prediction for When Airlines Could Collapse Thanks to Trump’s War by Martha McHardy AI generated summary, Read the full article for complete information. European airlines face the risk of collapse as early as September if jet‑fuel prices, driven by the U.S.–Iran conflict that has choked Middle‑East supplies through the Strait of Hormuz, stay at record highs, warned Wizz Air chief József Váradi. With the region’s usual 500,000‑barrel‑a‑day imports curtailed, carriers are scrambling for alternatives from the United States, Nigeria and Asia, sparking fierce bidding wars that push prices even higher. Váradi told The Telegraph that airlines with weak liquidity could go bust in September, and that many carriers may be forced to cut capacity and scrap flights in the autumn, as already seen with Lufthansa’s cancellation of about 20,000 flights to save fuel. While Wizz Air says it holds €2 billion in cash and demand for summer travel remains strong, the ongoing “Armageddon”‑like fuel shortage threatens to hit weaker airlines and major legacy carriers hardest, with no end to the geopolitical tension in sight. Read more: https://www.thedailybeast.com/wizz-air-ceo-jozsef-varadi-makes-dire-prediction-for-when-airlines-could-collapse-thanks-to-trumps-iran-war/ #JzsefVradi #WizzAir #Lufthansa #Trump

Od momentu kiedy kupilem bilety w #Wizzair, zmienili mi juz miejsce w samolocie fefnascie razy... 🤣 Co oni tam kurde wyrabiaja, to jakas socjotechniczna sztuczka, zebym wykupil wlasnoreczna zmiane miejsca? Mi i tak przysluguje specjalne... xD (i tak lepiej niz numer, ktory wywinal mi kiedys #RyanAir, odwolujac loty) #samolot #loty #podroze #turystyka