RE: Post 1580/ 1600p price action11 Feb 2025 18:36
Has everyone missex this:
Wizz Air cut its annual net income forecast for the second time in six months in January, as it grapples with rising costs related to the grounding of some 20% of its fleet due to engine problems and economic uncertainties.
However, Varadi expects the economic outlook to improve and for capacity to increase by about 20% in the 2025 fiscal year on the expected delivery of 50 new Airbus aircraft between April 1, 2025 and March 31, 2026.
"That is a significant source of growth and also we are recovering some of the engine-related grounded aircraft and they will go back into service," he said.
"So if I look at the kind of the next two years of capacity, we're going to be able to add around 80 lines of flying to the business," he said..
This is buy buy buy buy. 50 planes in a year, Varandi mensioned before he got good deal with airbus recently, this must be it. And 20% growth with engine issue...
On debt: interest rates comming down quick. If I had more money i'd buy straight away