Wizz Air CEO Sees Possible Turning Point for Aviation in June

Wizz Air CEO Sees Possible Turning Point for Aviation in June

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

In an exclusive interview, Joseph Aarati discusses Wizzair's record earnings and the challenges posed by COVID-19. He highlights the company's capacity plans, expansion strategies, and liquidity strength. Aarati also addresses market share opportunities, particularly in Germany, and the future of flying with new safety protocols. The impact of oil prices on the industry is also examined.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for Wizzair's record earnings?

Increased government subsidies

High demand for cargo flights

Reduced operational costs

Record revenues

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of capacity does Wizzair plan to fly in the second half of their financial year?

15%

50-60%

80%

100%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Wizzair's business model help in stimulating demand?

By offering luxury services

By providing low fares

By reducing flight frequency

By focusing on cargo transport

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Wizzair's stance on government bailouts?

They are self-sufficient and do not need them

They have already received significant bailouts

They rely heavily on them

They are seeking additional funds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major factor affecting Wizzair's interest in expanding in Germany?

Proximity to other bases

Weather conditions

Airport costs and scalability

Availability of skilled labor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What safety measure is Wizzair implementing for future flights?

Elimination of all touchpoints

Increased baggage allowance

Mandatory in-flight meals

Compulsory masks for travelers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Wizzair view the current oil prices in terms of business opportunity?

As a reason to increase ticket prices

As irrelevant to their operations

As a temporary advantage

As a long-term structural opportunity