BUDAPEST (Reuters) -Wizz Air plans to buy more than 300 new airplanes in the coming years and have 20,000 employees by 2030, Chief Executive Jozsef Varadi told Hungarian news website index.hu in an interview published on Tuesday. "We currently have 208 aircraft, with more than 300 more in the pipeline...our goal is to have a fleet of 500 aircraft by 2030-2032," Varadi said. Varadi said geopolitical tensions such as the war in Ukraine and conflict between Israel and Hamas, had forced the company to re-allocate unused capacity in those regions, leading to suboptimal capacity exploitation.
London’s “socialistic” corporate governance rules have taken the “edge” off capitalism in Britain, the chief executive of Wizz Air has said.
Earnings preview of key companies reporting this week and what to look out for.