You are more likely to contract the coronavirus at your local supermarket than on an aircraft, apparently (Robert Lea writes). It won’t surprise you to learn that this is the view of an airline boss.
In fact, it was part of the pitch of Jozsef Varadi, 54, the co-founder of Wizz Air and its chief executive since the company’s inception 17 years ago, at its annual results a month ago, part of an upbeat assessment so industry-bucking that few took too much notice of its strong fundamentals. The combination of operating profits of €338 million on €2.7 billion of revenues from 40 million passengers puts Wizz Air’s operating margins on a par with the industry’s best-in-class (Ryanair, nearly four times as large) and way ahead
