PPRuNe Forums - View Single Post - Wizzair
Thread: Wizzair
View Single Post
Old 24th August 2008 | 11:53
  #176 (permalink)  
Flitefone
15 Anniversary
 
Joined: Nov 2007
Posts: 556
Likes: 94
From: Waters edge
Hi TBSC, Yes have ben to Ukraine several times on (aviation) business, in fact all over the eastern block.

But thats not my point, as I said I think Wizz is showing signs of cash shortage - which will mean their shrinking business to preserve cash, which is what we have already seen this year.

I expect more giving up routes that are marginal for Wizz and which may be beneficial to RYR.

Either way my bet is you will start to see more evidence of cash shortage at Wizz and elsewhere at the end of the summer season when forward bookings and hence cash in the bank is at its lower mark.

Lets revisit this in November..

FF
Flitefone is offline