Wizz Air, the leading discount carrier serving Ukraine, forecasts that European air travel will normalize in May and most demand will recover in June.

Wizz Air, the leading discount carrier serving Ukraine, forecasts that European air travel will normalize in May and most demand will recover in June. However, before then, the air transportation market is shrinking by 25% in March and is to be even worse in April, József Váradi, CEO of the Budapest-based airline tells Index.hu, Hungary’s leading news site. Váradi says the airline has a financial reserve of €1.5 billion and is preparing for the recovery by ordering more planes.