Wizz Air boss looks through Brexit clouds, sees more growth in UK
Wizz Air’s CE is confident his low-cost carrier can grow in Britain and tackle the challenges presented by Britain’s decision to leave the EU. Jozsef Varadi told Reuters on Tuesday that Wizz still had work to do to meet EU rules after Brexit but said it was time for Britain to “just get it done and move beyond Brexit” as the deadline for the country’s departure has been pushed back. “We remain very bullish, and very committed to the UK market. Even if I look at the current performance, it is pretty solid,” Varadi said in an interview, adding that he found the furor around Brexit “tiring”. “I don’t really care how Brexit plays out, to be honest. I think I would like to see the end of it, whatever it is.” Budapest-based Wizz Air, which is focused on central and eastern Europe, said this month its net profit for the year would be in the upper half of its guidance. That contrasts with bigger rivals, such as easyJet, which have been cautious about how Brexit will affect demand. Varadi said Wizz had grown 30% in London since the Brexit vote and that demand was still robust.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-05-01/unaligned/wizz-air-boss-looks-through-brexit-clouds-sees-more-growth-in-uk
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Wizz Air boss looks through Brexit clouds, sees more growth in UK
Wizz Air’s CE is confident his low-cost carrier can grow in Britain and tackle the challenges presented by Britain’s decision to leave the EU. Jozsef Varadi told Reuters on Tuesday that Wizz still had work to do to meet EU rules after Brexit but said it was time for Britain to “just get it done and move beyond Brexit” as the deadline for the country’s departure has been pushed back. “We remain very bullish, and very committed to the UK market. Even if I look at the current performance, it is pretty solid,” Varadi said in an interview, adding that he found the furor around Brexit “tiring”. “I don’t really care how Brexit plays out, to be honest. I think I would like to see the end of it, whatever it is.” Budapest-based Wizz Air, which is focused on central and eastern Europe, said this month its net profit for the year would be in the upper half of its guidance. That contrasts with bigger rivals, such as easyJet, which have been cautious about how Brexit will affect demand. Varadi said Wizz had grown 30% in London since the Brexit vote and that demand was still robust.<br/>