Wizz Air will launch four new flights from October

Wizz Air will launch four new flights in the autumn thanks to the expansion of its Budapest fleet from October with direct flights to Genoa, Girona, Marrakech and from December to Memmingen.

In addition, Wizz Air will increase frequencies on several popular routes, including Tel Aviv, Istanbul, Milan, Berlin, Madrid, Athens and Glasgow.

According to the announcement, the expansion will increase the airline’s capacity in Budapest by more than 30 per cent in the winter season compared to the same period last year. As a result, Wizz Air’s market share will increase by 41 per cent, strengthening the airline’s market leadership in Hungary.

“The Budapest fleet, soon to be expanded to 17, will be able to carry almost 7 million passengers to and from Budapest this year,” they said.

The  announcement quoted Valeria Bragarenco, Wizz Air’s Communications Manager, as saying that the continued network expansion demonstrates the company’s continued commitment to the Hungarian market.

Wizz Air currently operates a fleet of 220 Airbus A320 and A321 aircraft. The airline became the preferred choice of 62 million passengers in the financial year ending the 31st of March 2024.

Wizz Air previously reported that its revenue increased by 134 percent to €3.896 billion in its last year financial. Earnings before interest, tax, depreciation and amortisation (EBITDA) reached €134.3 million, while a loss of €23.3 million was recorded in the previous financial year. The company’s net loss decreased from €642.5 million in 2021/2022 to €535 million.

Source:dehir.hu