Skip to main content

Supply chain disruptions force Wizz Air to trim summer capacity

Air
James Chapple
27 July 2022

Industry supply chain disruptions have forced Wizz Air into "tactical capacity reductions" this summer amid what it is already describing as a "challenging macroeconomic and operational backdrop".

Wizz Air Neo.jpg

The budget carrier on Wednesday (27 July) recorded a deeper Q1 (three months to 30 June) loss of €452.5 million, which compares with €114.4 a year earlier. Wizz’s Q1 operational loss also grew from €108.6 million to €284.5 million.


Wizz said the setbacks came despite the transition "from a pandemic to an endemic setting", which has seen Q1 passenger numbers increase to 12.2 million and quarterly revenue recover to €808 million.


"Passengers and revenue more than quadrupled versus the same quarter last year, up almost 20% versus pre-pandemic levels, with 30% more capacity operated," said Wizz.