Wizz Air said it would restart operating bases in Kyiv and Lviv, Varadi said, initially aiming to supply an annualised capacity of about 5 million seats a year to the Ukrainian market across 60 routes.
It comes amid heightened tensions in Ukraine and across Europe after President Donald Trump said he had spoken to Russian President Vladimir Putin about a timeline to begin negotiations to end the war that Russia started three years ago this month.
However, Varadi expects the economic outlook to improve and for capacity to increase by about 20 per cent in the 2025 fiscal year on the expected delivery of 50 new Airbus aircraft between April 1, 2025 and March 31, 2026.
Wizz Air cut its annual net income forecast for the second time in six months in January, as it grapples with rising costs related to the grounding of some 20 per cent of its fleet due to engine problems and economic uncertainties.
The pair discussed the matter on an hour-and-a-half phone call on Wednesday, in which Mr Trump said they agreed to "work together, very closely" – sparking concerns that Kyiv was being shut out of the process.
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