We Are Very Confident in Our Guidance, Says Wizz Air CEO

The video discusses the challenges and opportunities in the airline industry, focusing on pricing, Brexit's impact, capital allocation, industry consolidation, and fuel prices. The speaker expresses confidence in their guidance despite macroeconomic issues and Brexit uncertainties. They highlight the readiness for various Brexit scenarios and the potential for growth in the UK market. The discussion also covers the impact of fuel prices on the business model and the opportunities arising from industry consolidation.

What are some of the challenges mentioned that the airline industry is facing?

• Lack of skilled workforce

• High fuel prices and geopolitical issues

• Technological advancements

• Low consumer demand

How has the company prepared for the potential outcomes of Brexit?

• By forming alliances with other airlines

• By increasing ticket prices

• By establishing bases in London and Austria

• By reducing operations in the UK

What is the company's stance on capital allocation in the UK post-Brexit?

• They will reduce investment significantly

• They will only invest in new technologies

• They will continue to invest as long as the UK market is strong

• They will halt all investments

What does the speaker suggest about the future of underperforming airlines?

• They will receive more government support

• They will merge with larger airlines

• They will expand their operations

• They will likely face consolidation or closure

How does the company view fuel price fluctuations in terms of their business model?

• They are highly concerned about rising fuel prices

• They have a flexible model that adapts to fuel price changes

• They plan to switch to alternative fuels

• They will pass costs onto consumers