Wizz Air Invests HUF 25 bln in Budapest Operation
OREANDA-NEWS. February 3, 2012. Wizz Air, the largest low fare - low cost airline in Central and Eastern Europe announced today that it would invest HUF 25 billion (USD 100 million) into expanding its operations in Budapest. As of March 2012, the airline will add two Airbus A320 aircraft to its Budapest base, a 66% increase in overall capacity.
Wizz Air has increased its projections for the number of passengers carried yearly from 1.4 million to 2 million. This will result in the addition of approximately 700 new (direct and associated) jobs in Hungary. The airline will launch one new route and increase frequencies on several existing routes. The number of available flights per week will nearly double from 67 to 129:
The Budapest-Bucharest flight will initially operate three times per week. With the addition of three flights to London Luton, Wizz Air will now offer triple daily service. Flights to Eindhoven and Brussels Charleroi will double in frequency, now operating twice daily. The frequency of flights to Madrid, Barcelona, Rome, Milan, and Malmo will also double and be available at least daily.