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Old 19th Aug 2008, 18:47
  #172 (permalink)  
eu01
 
Join Date: Aug 2006
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showing all the classic signs of an airline running out of cash
A very interesting question. We know much more about the financial status of many other airlines, but Wizzair is not being listed on financial market, hence they do not have to present any results to the public. For example we recognize the troubles of SkyEurope out there, but what about WIZZ? Generally, W6 has been perceived as bearing-up airline, due to their low-cost structure and good management style. How much impact the rise of fuel costs and the declining demand are having on their economy at present? I'm not very convinced to draw any conclusions based upon the route "jiggling" as long as these are made mostly in Ukraine, a new market that significantly differs from the EU market (including CE Europe). Low-cost flying is something the average citizen of Ukraine is probably still unaware of.
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