OREANDA-NEWS. September 12, 2012. Wizz Air, the largest low-cost, low-fare airline in Central and Eastern Europe, today announced its new Tel Aviv-Budapest route which will initially operate three times per week from 6th December 2012. Wizz Air commenced its European low-cost operations in 2004 and has since grown to offer over 250 low-fare routes across 29 countries connecting 80 destinations. Wizz Air’s arrival in Tel Aviv is great news for Israel tourism and low-cost aviation and for the first time travellers between Budapest and Tel Aviv will enjoy really low fares paired with Wizz Air’s great service. Tel Aviv flights to and from Hungary’s capital city are now available with fares from just €37.99*, which is a fraction of the price charged by high-fare airlines.