Wizz Air Holdings Plc. expects a “couple of percentage point increase” in capacity this summer with short-term aircraft leases and new plane deliveries as the carrier looks to safeguard its network amid the grounding of some of its fleet due to engine issues.
The Budapest, Hungary-based discount carrier estimates capacity limitations due to its Pratt & Whitney turbines will take about 18 months to work through, Chief Executive Officer Jozsef Varadi told Bloomberg in an interview on Wednesday. Wizz also plans to reduce frequencies instead of routes, he said.
