Wizz Air on expansion spree

 18 Jul 2014 - 1:22


Passengers talk to a Wizz Air desk clerk at Budapest Airport. Wizz Air’s maiden flight to London took off from Katowice in May 2004. It now has over 300 routes, annual revenues of €1bn, counts Ryanair, another no-frills airline as its main competitor, and dominates air travel in a region with faster economic growth than the rest of Europe. Organic expansion in the region is set to continue while a new phase of growth is likely to come from Wizz Air exploiting the difficulties of state-backed regional airlines that are struggling to survive.