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József Váradi

  • Tuesday, 10 September, 2024
    Wizz Air
    Wizz Air bets on allure of cheap seats for new low-cost Middle East flights

    Airline to begin no-frills service from Europe to Jeddah and Abu Dhabi next year

    Passengers boarding a Wizz Air plane via a stairway at an airport in Poland
  • Monday, 6 May, 2024
    InterviewThe CEO
    Wizz Air CEO: ‘Crisis management became a constant’

    Wars, soaring oil prices and engine troubles have thrown European airline off course

    József Váradi
  • Thursday, 3 August, 2023
    Interview
    Wizz Air chief hails ‘capitalist spirit’ behind £100mn bonus package extension

    József Váradi tells FT ‘common sense prevailed’ after significant number of investors rebel at shareholders’ meeting

    Wizz Air chief executive József Váradi
  • Wednesday, 2 August, 2023
    Wizz Air
    Wizz Air investors approve chief executive’s bonus package extension plan

    Almost 30% of carrier’s free float was cast against the move to give József Váradi until 2028 to unlock £100mn reward

    Wizz Air plan at an airport
  • Tuesday, 1 August, 2023
    Wizz Air
    Wizz Air faces pushback on plan to give chief extra time to hit £100mn bonus

    Proxy advisers ISS and Pirc oppose AGM resolution to grant József Váradi two more years to win one-off award

    József Váradi waves a ribbon as he looks out of the cockpit of a Wizz Air plane
  • Thursday, 8 June, 2023
    Wizz Air
    Wizz Air expects return to profit after putting fuel hedging fiasco behind it

    European low-cost carrier buoyed by travel rebound after decision not to hedge fuel costs contributed to loss

    WIzz Air planes in Berlin
  • Thursday, 26 January, 2023
    Wizz Air
    Wizz Air losses narrow as ticket prices rise

    Low-cost airline’s chief says demand for travel remains strong despite economic slowdown

  • Wednesday, 2 March, 2022
    Ryanair Holdings PLC
    Ryanair boss O’Leary warns of ‘very difficult’ period for airlines

    Irish carrier says it remains on course for recovery despite Russia-Ukraine war as rival Wizz Air reassures investors

    Michael O’Leary
  • Wednesday, 22 December, 2021
    Wizz Air
    Wizz Air snaps up Gatwick slots from Norwegian

    London-listed Hungarian airline strikes deal as part of effort to challenge Ryanair

    Passengers disembark from a Wizz Air plane in Hungary
  • Friday, 17 September, 2021
    Airlines
    Buffett of the airline business is in for the long haul

    Bill Franke is considered by some to be the most successful air travel investor in history

  • Friday, 2 July, 2021
    LexWizz Air
    Wizz Air/CEO pay: economy airline, first-class rewards Premium content

    Steep remuneration for Jozsef Varadi can only infuriate the airline’s other stakeholders

    A Wizz Air plane on the tarmac
  • Friday, 2 July, 2021
    Wizz Air
    Wizz Air offers chief Varadi £100m bonus in return for rapid growth

    Boss of low-cost airline must more than double share price to earn one of UK’s biggest payouts

    Jozsef Varadi
  • Wednesday, 2 June, 2021
    Wizz Air
    Wizz Air warns of full-year losses as pandemic bites

    Low-cost European airline remains ‘cautiously optimistic’ despite recovery starting later than expected

    A Wizz Air plane on a tarmac
  • Thursday, 5 November, 2020
    Wizz Air
    Wizz Air sticks to bold expansion plans despite air travel collapse

    Chief executive positions airline for recovery next year as he prepares for difficult few months

  • Wednesday, 29 July, 2020
    Wizz Air
    Wizz Air looks at fleet expansion despite signs of new travel clampdown

    Carrier’s chief expects ‘rollercoaster’ of measures across Europe to contain coronavirus

    Wizz reported a €107.4m pre-tax loss in the first quarter, compared with a profit of €75.5m last time
  • Wednesday, 3 June, 2020
    LexAirlines
    Wizz Air: up and away Premium content

    If you believe in a V-shaped recovery, the low-cost carrier is the stock to fly you there

  • Wednesday, 3 June, 2020
    Wizz Air
    Wizz Air chief hits out at UK quarantine plan for air passengers

    Determination to push ahead with measure is unnecessarily ‘harsh’, says József Váradi

  • Monday, 11 March, 2019
    Wizz Air
    European air traffic control ‘bleeding from every wound’

    Wizz Air chief blames labour disruption and lack of international co-operation

    József Váradi, chief executive of Wizz Air, called the failures of Europe's air traffic control system 'ridiculous' and 'outrageous'
  • Wednesday, 30 January, 2019
    Wizz Air
    Wizz Air boss blames Brexit as profits nosedive

    Jozsef Varadi says low-cost carrier has been hit by uncertainty over EU withdrawal

  • Sunday, 6 January, 2019
    Airlines
    Compensation rears up as bête noire for Ryanair

    Grey area over regulations sparks debate as airline faces bills for summer strikes

    FRANKFURT AM MAIN, GERMANY - AUGUST 10: Pilots of discount airliner RyanAir gather at the headquarters of the pilots' labor union Vereinigung Cockpit during a 24-hour strike by the pilots on August 10, 2018 in Frankfurt, Germany. RyanAir pilots in Germany, Ireland, Sweden, Belgium and Holland are taking part in the strike over demands for better pay and working conditions.  (Photo by Thomas Lohnes/Getty Images)
  • Wednesday, 7 November, 2018
    Wizz Air Hungary Ltd
    Wizz Air reduces profit guidance due to fuel costs

    Investors were cheered by capacity cuts and prospect of more cost-efficient planes

  • Wednesday, 15 November, 2017
    News in-depthTransport
    Wizz Air order signals entry into big league

    Varadi poised to challenge larger rivals as carrier enjoys strong passenger growth

  • Wednesday, 19 July, 2017
    European companies
    Wizz Air boss accelerates contingencies for Brexit

    Airline to secure operating certificate that allows flying to continue to and from UK

    Climate Change For Copenhagen Summit...A Wizz Air jet takes off from the runway at Luton airport near Luton, U.K., on Tuesday, Dec.1, 2009. Pledges by China and the U.S. to set numerical targets for their greenhouse-gas emissions through 2020 may reignite stalled progress for a global climate agreement at negotiations next month in Copenhagen. Photographer: Simon Dawson/Bloomberg
  • Wednesday, 1 February, 2017
    Airlines
    Wizz Air lifts profits by over 100%, but still cuts profit guidance
  • Wednesday, 25 May, 2016
    Transport
    Low fuel costs boost profits at Wizz Air

    UK-listed Hungarian carrier promises to match rivals’ fare cuts

    An airport employee checks the fuel tank of Wizz Air's aircraft at Budapest Airport...An airport employee checks the fuel tank of Wizz Air's aircraft at Budapest Airport July 10, 2014. Wizz Air's maiden flight to London took off from Katowice in May 2004. It now has over 300 routes, annual revenues of 1 billion euros, counts Ryanair, another no-frills airline as its main competitor, and dominates air travel in a region with faster economic growth than the rest of Europe. Organic expansion in the region and as far afield as Moscow, Tel-Aviv or Dubai is set to continue while a new phase of growth is likely to come from Wizz Air exploiting the difficulties of state-backed regional airlines that are struggling to survive. To match story WIZZAIR-HUNGARY/ Picture taken July 10, 2014. REUTERS/Bernadett Szabo (HUNGARY - Tags: BUSINESS TRANSPORT) - RTR3YZ79
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