Wizz Air CEO Varadi flags Abu Dhabi failure as “a mistake” while prioritizing cash preservation; no capacity cuts
Speaking at CAPA’s Airline Leader Summit, Wizz Air CEO József Varadi said the failed Abu Dhabi venture was a mistake and that the airline is prepared to pursue further growth. He also said Wizz Air is focusing on cash preservation, sees no imminent “disaster,” and does not plan capacity reductions in the near term amid an ongoing supply-chain recovery effort and fuel hedging.