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TEMPUS

Wizz Air: Carrier buffeted by the storm

The Times

It is not just passengers stuck at Britain’s airports who are finding it more difficult to get on board with Wizz Air. Shares in the budget airline are in a more rapid descent than rivals Ryanair or easyJet, undoing the pandemic-era outperformance.

The pink-bannered airline is grappling with lingering coronavirus travel restrictions and rampant inflation that has pushed up fuel costs, while the outlook for demand from squeezed consumers is far less certain. You can now add travel chaos at British airports, caused by staff shortages, which has just prompted Wizz to suspend operations at one of its UK bases.

Wizz has no intention of making life any easier for itself. The airline is investing heavily in expanding westwards beyond its eastern European roots, with