Wizz Air Says Flights May Decrease First, Then Prices May Rise
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Persistently high oil and jet fuel prices could first lead to a reduction in capacity for European airlines and later to higher fares, Wizz Air said in response to a request from 24.hu. The airline stressed that it was too early to quantify the impact on ticket prices in 2027. This means that it is not possible to speak of a certain and general increase in airfare prices at the moment. Wizz Air is a possible […]
The Hungarian low-cost carrier confirmed Ryanair's suspicions. According to Wizz Air, capacity reductions are expected first, which may be followed by pricing measures.
The persistently high oil price could trigger a chain reaction in the aviation market, forcing low-cost airlines to drastically restructure their operations. Wizz Air, responding to rival Ryanair's price hike forecast, said that flight frequency reductions are expected first due to rising fuel costs, before fares can increase. No airline can completely insulate itself from price increases.
Persistently high oil and jet fuel prices are putting great pressure on the sector.
According to the airline, the sector could be in trouble if the price of Brent per barrel were to remain at $90-100 for a long time. Passengers will also feel this in their wallets. The post Wizz Air: some airlines may first reduce capacity, then prices may rise first appeared on 24.hu.
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