June 4, 2018 / 9:54 AM / 16 days ago

BRIEF-Wizz Air to weather high fuel prices, expects market shake-up -CEO

June 4 (Reuters) - WIZZ AIR HOLDINGS PLC CEO VARADI SAYS IN REUTERS INTERVIEW:

* MAINTAINS PROFIT FORECAST FOR 2019 DESPITE IATA PROFIT SLUMP WARNING FOR GLOBAL AIRLINES

* IATA SEES 12 PCT LOWER GLOBAL PROFIT FOR AIRLINES THIS YEAR

* WIZZ AIR IS BETTER PLACED THAN RIVALS TO WEATHER HIGHER FUEL COSTS

* EXPECTS WEAKER AIRLINES TO CUT SEATS OR GO BUST

* WIZZ EXPECTS CONSOLIDATION, SOLID FUNDAMENTALS TO LIFT IT TO AMONG EUROPE’S TOP 5 AIRLINES IN 10 YRS

* CELEBRATING THE EXPANSION OF ITS FLEET TO 100 PLANES

* 268 AIRBUS 321 PLANES ON ORDER, FLEET TO REACH 281 BY 2026

* BY 2026, MORE THAN 75 PCT OF SEAT CAPACITY WILL BE IN EFFICIENT AIRBUS A321 NEO PLANES Further company coverage: (Reporting by Marton Dunai; editing by Jason Neely)

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