Ryanair rival Wizz Air warns of flight cuts due to airport chaos

The company said on Monday it expected to cut utilisation another 5% for the summer to reduce the impact of "ongoing external disruptions"

After a blip caused by the Omicron coronavirus variant, travel demand has roared back, with airlines betting on summer holiday travel in July-September to boost their bottom-lines.

Wizz Air expects to have to cut flights this summer due to labour shortages and strikes at European airports, the budget airline said on Monday, sending its shares down around 5%.

Wizz Chief Executive József Váradi had said in June the company was confident of returning to pre-COVID productivity by reaching full utilisation of its aircraft this year.