Air France KLM SA logo

AF - Air France KLM SA News Story

€3.92 -0.2  -4.6%

Last Trade - 30/07/21

Sector
Industrials
Size
Mid Cap
Market Cap £1.49bn
Enterprise Value £12.71bn
Revenue £7.01bn
Position in Universe 210th / 841

UPDATE 1-Europe's Wizz Air expects to fully recovery from pandemic next year

Mon 21st June, 2021 10:24am
(Adds comments, quotes, writes through)
    PARIS, June 21 (Reuters) - European budget carrier Wizz Air
 WIZZ.L  expects to fully recover from the coronavirus crisis as
travel demand rebounds from the pandemic, its chief executive
said on Monday.
    Speaking at the virtual Paris Air Forum, Jozsef Varadi
repeated recent comments that the Hungary-based airline would
fly more seats this summer than it was flying two years ago
before the pandemic struck.
    "From my perspective, 2022 should be a fairly robust year in
terms of delivering not just the volume of traffic but also the
financial performance attached to it," he said.
    "I'm looking at 2022 as a year of full recovery for Wizz
Air."
    Speaking alongside Varadi, Air France-KLM  AIRF.PA  CEO Ben
Smith said he had been pleasantly surprised at the demand among
travelers visiting friends and family.
    "We are hoping to run about 60-65% of capacity this summer."

 (Reporting by Laurence Frost and Alexander Cornwell, editing by
Louise Heavens)
 ((Alexander.Cornwell@thomsonreuters.com;))
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