Wizz Air sets its sight on battling it out with LOT

From Poland A.M.


During its first year of operations, Hungarian budget airline Wizz Air
carried 1.2 million passengers and claims it will double this figure in the
upcoming year.


"Our target is five million passengers annually, that is when we will be
able to compete with LOT," revealed Jozsef Varadi Wizz Air president. A
large part of the carrier's success is due to the fact it has a significant
share of the Polish market, the flights to which, according to Varadi, are
already profitable. Currently four planes fly to Poland, with an additional
one to join the fleet in October, with more to follow in 2006. Wizz Air
representatives also announced plans to float the enterprise on a stock
exchange in Central Europe. The bourse has not been selected yet. Meanwhile,
low cost air carrier from Ireland, Ryanair, has quickly realized the
significance of the Polish market and will launch an additional four
connections to Poland. It will also add two new destinations in Poland.
During the past two months Ryanair has serviced 20,000 passengers between
Wroc³aw and Stansted, which means that its planes were 90% full. (Puls
Biznesu, p. 13) A.K.



From Poland A.M.


During its first year of operations, Hungarian budget airline Wizz Air
carried 1.2 million passengers and claims it will double this figure in the
upcoming year.


"Our target is five million passengers annually, that is when we will be
able to compete with LOT," revealed Jozsef Varadi Wizz Air president. A
large part of the carrier's success is due to the fact it has a significant
share of the Polish market, the flights to which, according to Varadi, are
already profitable. Currently four planes fly to Poland, with an additional
one to join the fleet in October, with more to follow in 2006. Wizz Air
representatives also announced plans to float the enterprise on a stock
exchange in Central Europe. The bourse has not been selected yet. Meanwhile,
low cost air carrier from Ireland, Ryanair, has quickly realized the
significance of the Polish market and will launch an additional four
connections to Poland. It will also add two new destinations in Poland.
During the past two months Ryanair has serviced 20,000 passengers between
Wroc³aw and Stansted, which means that its planes were 90% full. (Puls
Biznesu, p. 13) A.K.