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Wizz Air: Even with 20-euro tickets, we are not making losses
7 feb 2010
Hungary's low cost carrier Wizz Air, which operates
international flights from Bucharest, Timisoara, and Cluj-Napoca,
will boost its flying capacity by adding another two aircraft to
its fleet, amid expectations to see its passenger traffic rise by
30% this year.
"We want to increase our Romanian business by
introducing new routes as of June this year and by increasing
frequency of flights to the other destinations. Even though we have
20-euro promotional tickets, this is offset by the higher prices of
tickets booked a few days in advance. We are not in the red in
Romania, we are making profit," said Gyorgy Abran, chief commercial
officer of Wizz Air. He did not, however, reveal the actual profit
and turnover recorded last year, citing confidentiality reasons.
According to ZF calculations, Wizz Air business in Romania amounted
to 100 million euros last year, having carried 1.6 million
passengers. This compares with a 140 million-euro turnover of the
company's main rival, Blue Air, which carried 1.7 million
passengers. Wizz Air says it expects a rise in passenger traffic to
2.1 million this year.

