Wizz Air cuts H2 capacity by 5%, unveils medium-term growth targets

Wizz Air has announced a 5% reduction in its second-half capacity due to geopolitical tensions and volatile fuel prices, while also unveiling medium-term growth targets during its Capital Markets Day in London. The budget carrier upgraded its guidance for second-quarter revenue per available seat kilometer (RASK) to flat year-over-year, an improvement from its earlier forecast of a low-single-digit decline, following stronger-than-expected summer revenue.

Wizz Air aims to operate an all-neo fleet of 335 aircraft and carry 127 million passengers by 2030, focusing on its core Central and Eastern European markets, as well as select new ones, in order to restore fleet productivity and mature its network.

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