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WIZZ AIR ANNOUNCES LAYOFFS, SALARY CUTS

 

Hungarian low-cost carrier Wizz Air has said it is laying off 1,000 staff, 19% of its workforce, due to coronavirus-related travel restrictions. It is also reducing the salaries of pilots, cabin crew and office staff by 14%. The airline’s board of directors and senior officers will also take a pay cut, of 22%. The airline is gradually returning 32 older leased aircraft as existing lease contracts expire.
Wizz Air said it is currently operating at 3% of its pre-pandemic capacity.
In the meantime, it has worked with various governments to offer repatriation flights in Europe, Central Asia, North Africa and North America. It has also operated a number of flights between China and Hungary to deliver medical supplies with most of the orders coming from the Hungarian government, it added.