Wizz Air considers many European carriers ‘mismanaged’ in terms of liquidity

    Wizz Air CEO Jozsef Varadi said in terms of liquidity, most European airlines have been “badly mismanaged” (Bloomberg, 02-Apr-2020). Mr Varadi added: “Governments should only be stepping in in areas of employment and reducing charges such as air navigation costs”. Mr Varadi expressed concern that government interventions could set Europe‘s aviation regime back by five to 10 years.