Hungary's Wizz Air to invest $2 billion allocating 21 jets, opening routes
A picture released Mar 7, 2017 shows first officer Iren Cserto (L) and cabin crew Chief Eva Vereb (R) in front of an Airbus A321 aircraft of Wizz Air airline in Liszt Ferenc International Airport, Budapest, Hungary on Feb 23 2017. EPA-EPA (FILES) /BEA KALLOS
An Airbus A320-232 plane of the Hungarian low-cost airline Wizz Air taxis on the tarmac at Constantine the Great airport in Nis, Serbia, May 8, 2017.EFE- EPA (FILE) /DJORJDE SAVIC
A Wizz Air jet landing after the first scheduled flight of the low-budget airline from London-Luton, Great Britain, at the airport of Debrecen, east of Budapest, Hungary, June 18, 2012 .EFE-EPA (FILE) /ZSOLT CZEGLEDI
An aircraft of Wizz Air airlines painted in host city candidate Budapest livery for the 2024 Olympic and Paralympic Games is displayed at Terminal 1 of the Liszt Ferenc International Airport in Budapest, Hungary, Nov 24, 2016, . EFE-EPA (FILE) /Szilard Koszticsak
Budapest, Mar 13 (efe-epa).- The Hungarian low-cost airline Wizz Air said Tuesday it had ramped up its operational capacity by expanding its routes and upgrading its European fleet with 21 Airbus A-320 aircraft.
In a statement issued by Wizz Air, the low-cost airline company said it would allocate 21 A-320 Airbus aircraft to support 700 additional weekly departures, 70 new services, and four brand new destinations.
”Today we are starting the greatest expansion phase to date," Owain Jones, Chief Corporate Officer at Wizz Air said. "Wizz Air remains committed to its mission of making air travel affordable for more people than ever before."
The airline, based in Budapest, is to begin operating, from now until July, new destinations such as Athens, Tallin, Kharkov (Ukraine) and Vienna, which will become its latest operations hub.
The enlargement will amount to an investment of $ 2 billion (1.6 Billion euros) spread across 11 operational hubs in Hungary, United Kingdom, Austria, Poland, Ukraine, Rumania, and Georgia.
In Jan. Wizz Air announced it flew 28 million passengers in 2017, a 24 percent increase year-on-year.
In Nov. 2017, Wizz Air also announced the purchase of 146 Airbus A321 aircraft.
The airline, one of Europe's fastest growing airlines and currently listed in the London Stock Exchange (WIZZ), was established in Budapest in June 2003, has a staff of 3,000, operates 600 air routes to 145 airports in 44 countries and is the largest Central and Eastern Europe's low-cost airline.