Wizz Air does not see Romania as a country in crisis
Hungary's Wizz Air low-cost airline, which carried 1.6 million passengers in the first nine months of the year, up 30% from a year ago, is taking its expansion plan further by introducing new flights to Larnaca and Malaga, as well as by increasing flight frequencies on 16 foreign destinations.
Hungary’s Wizz Air low-cost airline, which carried 1.6 million
passengers in the first nine months of the year, up 30% from a year
ago, is taking its expansion plan further by introducing new
flights to Larnaca and Malaga, as well as by increasing flight
frequencies on 16 foreign destinations.
“We do not see Romania as a country in crisis, but as a growth
opportunity, considering the number of passengers flying with Wizz
Air is on the rise. For this very reason we decided to boost our
transport capacity by bringing a new aircraft to Bucharest,” stated
John Stephenson, deputy chairman with Wizz Air, operating from
three hubs in Romania.
Wizz Air is the foreign-held low-cost carrier to have boasted the
fastest growth in the past four years domestically. It came from
17,000 passengers in 2006, when it arrived in Romania, to around
1.7 million last year, according to officials. This August, the
company’s market share on the low-cost segment was put at
49%.
“We expect to reach a 60% market share by late December considering
Blue Air’s restructuring process”.
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