Wizz Air CEO Sees Aviation's Virus Disruption Limited to 3 or 4 Months

Wizz Air CEO Sees Aviation's Virus Disruption Limited to 3 or 4 Months

Assessment

Interactive Video

Business, Architecture

University

Hard

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Joseph Verratti, CEO of Wizzair, discusses the impact of the virus on global aviation, noting that Wizzair is not directly affected by the Chinese market. He highlights Wizzair's strong earnings and market strategy focused on creating demand rather than competing with other airlines. The discussion also covers the advantages of Wizzair's Airbus fleet amidst Boeing's challenges and the importance of a strong industry with both Airbus and Boeing performing well.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Joseph Verratti's position at Wizzair?

Chief Executive Officer

Chief Operating Officer

Chief Financial Officer

Chief Marketing Officer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason Joseph Verratti believes the aviation industry will normalize after the virus outbreak?

Increased government regulations

Better control processes

New airline partnerships

Higher demand for air travel

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Wizzair plan to grow its market according to Joseph Verratti?

By acquiring smaller airlines

By reducing ticket prices significantly

By stimulating market demand

By increasing flights to China

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of aircraft does Wizzair primarily use?

Boeing 737

Airbus A321

Boeing 747

Airbus A380

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent issue did Airbus resolve that could affect its industry standing?

Engine malfunctions

Bribery allegations

Pilot strikes

Fuel inefficiency