BUSINESSINDIVIDUALS

Wizz Air president considers situation in Ukraine favorable for business

Wizz Air, the largest low-cost airline in Central and Eastern Europe, plans to consider the issue of its return to Ukraine because of favorable business conditions.

Wizz Air CEO Jozsef Varadi has said this in Warsaw, fly4free.pl reports.

“We see that the situation in Ukraine is stabilizing, and as to the business we like what is taking place in Ukraine. We seriously consider our possible return and another entry to the market,” Varadi said in Warsaw.

A reminder that Wizz Air had its own subsidiary company in Ukraine - Wizz Air Ukraine, which had operated in the country until 2015. The low-cost airlines had its bases in Kyiv, Donetsk and Lviv. With the start of hostilities in eastern Ukraine, the company closed its office in Donetsk, and then in Kyiv and Lviv in 2015. Then Varadi explained that the company left the Ukrainian market not because of the war, but because of a sharp drop in the hryvnia exchange rate.

By Ukrinform