Wizz Air (WIZZ LN) CEO anticipates seeing elevated fuel prices for some time, even in the scenario that the Middle East conflict stops
Importance
Level 1
- Growing schedule by 17% this summer vs. last summer.
- Don't think they'll be running out of fuel.
- Price at USD 1500 for jet fuel means there's a lot of room to get creative, tankers are going to the US to get fuel.