All Wizz Air articles – Page 10
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News
Airline ‘paper profits’ useless in a crisis: Wizz Air chief
An important lesson from the coronavirus crisis is that too many airlines focus on “paper profits” at the expense of genuine liquidity, according to Wizz Air chief executive Jozsef Varadi.
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Airline Business
How many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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News
Wizz Air’s Abu Dhabi division sets out initial route network
Wizz Air’s new Middle Eastern operation is to focus initially on the eastern Mediterranean and Caucasus when it commences services in October. The new venture, Wizz Air Abu Dhabi, will station two Airbus A321neo in the United Arab Emirates capital. But this fleet will be expanded to six aircraft in ...
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Airline Business
How Ryanair is increasingly locking horns with Wizz
While most of Ryanair’s fire is aimed in the direction of highlighting potential competition concerns resulting from the state bailouts, it has increasingly been squaring up with central European budget carrier Wizz Air.
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News
Air Arabia Abu Dhabi to open flights with Egyptian routes
Middle Eastern budget carrier Air Arabia’s new Abu Dhabi-based spin-off is to open services in mid-July with initial operations to two Egyptian cities. Air Arabia Abu Dhabi is to operate to Alexandria, from 14 July, and Sohag from the following day. It will commence services with a pair of Airbus ...
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News
Wizz continues post-crisis push with St Petersburg base
Central European budget carrier Wizz Air has continued its post-crisis base expansion by disclosing plans to open a single-aircraft operation from St Petersburg’s Pulkovo airport.
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News
EasyJet and Wizz among first to adopt new EASA protocol
Aegean Airlines, EasyJet and Wizz Air have become the first carriers to sign up to the European Union Aviation Safety Agency’s protocol of measures aimed at ensuring the safe restoration of air services.
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News
Wizz Air takes delivery of first A320neo
Central European budget carrier Wizz Air has taken delivery of its first Airbus A320neo, about 15 months after it received its first A321neo. The airline says the aircraft, fitted with Pratt & Whitney PW1100G engines, bears the Hungarian registration HA-LJA. It brings the carrier’s overall fleet to 122 jets, all ...
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News
Wizz Air to slow fleet modernisation over next three years
Central European budget carrier Wizz Air has revealed a revised fleet plan which will not realign with its previous expansion forecast until the 2023-24 financial year. Wizz Air states that it expects to have 131 aircraft in its fleet by the end of 2020-21. This is seven fewer than the ...
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Airline Business
European carriers aim to cut their way through the crisis
While the short-term focus among European carriers has been on finding ways to survive the crisis and resume services, airlines have been quick to signal sizeable cuts to their operations with few expecting traffic to return to previous peaks before 2023
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News
Bullish Wizz to open Milan and Larnaca bases in July
Central European budget carrier Wizz Air has given a further indication of its expansive approach to the post-crisis environment by detailing plans to open bases at Milan Malpensa and the Cypriot resort of Larnaca.
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News
Wizz Air qualifies for UK coronavirus fund support
Central European budget carrier Wizz Air has obtained confirmation that it can take advantage of the UK government’s support scheme for companies affected by the coronavirus crisis. Wizz Air says it has been assured it is an “eligible issuer” under the Covid Corporate Financing Facility. The airline has not specified ...
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News
Wizz Air axes one-fifth of personnel but remains upbeat on prospects
Central European budget carrier Wizz Air is cutting 1,000 personnel, nearly one-fifth of its staff, after its operation was reduced to a bare minimum by the coronavirus crisis. The airline says it has been forced to take the “difficult step” to make workers redundant, adding that it has also carried ...
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News
Wizz Air details crisis impact on traffic as it wraps up fiscal year
Budget carrier Wizz Air has become one of the first European airlines to detail the full coronavirus impact on traffic in March, a month during which airlines started embarking on widespread fleet grounding. Wizz Air says booked passenger numbers fell by nearly 36%, to 1.75 million, as it cut capacity ...
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News
LOT and Wizz hit hard as Poland shuts air routes to foreigners
Polish flag-carrier LOT is suspending all international flights from both Poland and Hungary after the Polish government imposed border restrictions on foreign travellers. Central European budget carrier Wizz Air is also being hit hard by the measure, suspending Polish services accounting for some 20% of its capacity. The government says ...
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News
Finnair, Wizz latest European carriers to extend cuts to counter coronavirus
Finnair and central European budget carrier Wizz have become the latest European carriers to detail more plans for cuts in response to the coronavirus outbreak.
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Airline Business
Why strong Ryanair and Wizz February traffic offers few clues to coronavirus impact
Monthly traffic figures for February released by Ryanair and Wizz Air today offer little indication of the impact on air travel demand of the spread of the coronavirus into Europe.
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News
Wizz stays with P&W for another 166 Airbus jets
Central European budget carrier Wizz Air is staying with Pratt & Whitney for another 166 Airbus A320neo-family jets. The agreement to take the PW1100G engine covers 90 aircraft from a 2016 deal plus a further 56 A320neos. It also covers the 20 A321XLRs recently ordered by the carrier – although ...
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News
Wizz Air to set up joint-venture Abu Dhabi carrier
Central European budget carrier Wizz Air has provisionally agreed to establish a low-cost carrier venture in Abu Dhabi, the second such budget airline plan to emerge in the emirate in recent weeks. The Abu Dhabi government says a preliminary agreement has been reached with Wizz to launch the venture in ...
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News
Wizz not interested in buying businesses: chief
Wizz Air is not interested in expanding through acquisition of other businesses, the Central European budget carrier’s chief has declared.