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LONDON, July 28 (Reuters) - Hungarian airline Wizz Air
said it expected capacity to ramp up to between 90% and
100% of pre-pandemic levels in July and August as summer demand
for European travel grows, and any further easing of UK
restrictions could provide an added boost.
Britain is set to exempt fully vaccinated travellers from
the European Union from quarantine in the coming days according
to reports, which would help it catch up with the EU, which has
allowed more travel since July 1.
"Continental Europe has been more open for travel and as a
result, demand has reacted much quicker and much more robustly
for summer," Wizz Air Chief Executive Jozsef Varadi told Reuters
on Wednesday.
Larger competitor EasyJet also said last week that
bookings from Europe were outpacing Britain.
For the three months to the end of June, Wizz's first
quarter period, the company flew 33% of its pre-pandemic
capacity, a total of 2.95 million people.
Varadi said he could not give guidance beyond August as it
was too difficult to predict giving changing restrictions and
the risk of new variants.
Wizz, which competes with larger airline Ryanair to
offer the cheapest fares in Europe, reported an underlying net
loss of 118.7 million euros and liquidity of 1.7 billion euros.
(Reporting by Sarah Young; Editing by Kate Holton and Costas
Pitas)
