Wizz Air upbeat on outlook for summer bookings      

Airline forecasting growth of 25% to 30% this summer versus last

For its current financial year to the end of March, Wizz, whose main operations are in central and eastern Europe, is expecting to report a loss, impacted by the war in Ukraine, which meant it had to switch capacity away from there last year.

Ryanair-rival Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024 financial year, helped by strong bookings, new capacity and the benefits of hedging fuel costs.

Low-cost rivals Ryanair, Europe's biggest airline, and Britain's EasyJet have reported record bookings for summer holidays, in a sign consumers are still keen on trips despite a looming recession.