Wizz Air Holdings Plc, Europe’s third-biggest discount airline, is attracting more passengers than long-time market leader Ryanair Holdings Plc as it races to restart flights following the easing of coronavirus lockdowns.
Chief Executive Officer Jozsef Varadi has been building up operations faster than rivals, helped by Wizz’s focus on Eastern Europe, where the pandemic has had less of an impact, and a cost base that’s the lowest in the region.
Ryanair’s push to crank up services has been held back by rules requiring people arriving in Britain, its top market, to self-quarantine. The government plans to ease the restrictions with so-called air bridges from next week.