Another airline will resume flights to Ukraine — when exactly
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Economics
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Another airline will resume flights to Ukraine — when exactly

Wizz Air
Source:  Reuters

Wizz Air intends to resume flights to Ukraine soon after the announcement of any ceasefire with Russia, resuming around 30 inbound routes within six weeks.

Points of attention

  • Wizz Air plans to resume flights to Ukraine soon after a ceasefire with Russia.
  • The airline is preparing for the safe opening of Ukrainian airspace, according to the European Union's assessments.
  • After the war, the airline plans to resume operations at its bases in Kyiv and Lviv.

Wizz Air intends to resume flights to Ukraine

"We have a solid plan for restarting. As soon as a ceasefire is announced, we will consider the possibility," said CEO József Váradi.

He said that, according to estimates by the European Union Aviation Safety Agency, it will take six to eight weeks to safely open Ukrainian airspace, and Wizz Air is preparing for this.

According to Varady, within six months of the end of the conflict, Wizz Air will resume operations at its bases in Kyiv and Lviv, and initially plans to supply the Ukrainian market with about 5 million seats per year on 60 routes.

Before the war in 2021, low-cost carrier Wizz Air was No. 3 in the Ukrainian market with a share of 10.1%.

Low-cost carrier Wizz Air has cut its profit forecast for the second time in six months, sending shares down 16% in early trading as the company struggles to resolve a problem with its planes landing due to engine problems.

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