Category Archives: Wizz Air (Hungary)

Wizz Air announces three new routes from Budapest

Wizz Air (wizzair.com) (Hungary) Airbus A320-232 WL HA-LYS (msn 6662) BSL (Paul Bannwarth). Image: 930958.

Wizz Air (Budapest) has announced further growth of its low fare route network and launched three new services from Budapest to Liverpool and Keflavik (near Reykjavik), commencing in March as well as a Budapest-Ibiza service commencing in June.

With this announcement, Iceland becomes the 23rd country for Wizz Air.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Airbus A320-232 HA-LYS (msn 6662) taxies at EuroAirport serving the Basel/Mulhouse/Freiburg area.

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Wizz Air firms up its order for 110 Airbus A321neo aircraft

Wizz-wizzair.com (Hungary) A321-200 (15)(Flt)(Airbus)(LRW)

Wizz Air (Budapest) has firmed-up a commitment signed in June at Le Bourget International Paris airshow for 110 A321neo aircraft. The agreement is the largest single order for the popular A321neo ever. The deal pushes firm NEO orders above 4,300 aircraft. This order includes the latest A321neo Airbus Cabin Flex configuration with 239 seats in 18 inch comfort standard.

Currently Wizz Air operates 63 A320 Family aircraft on one of Central and Eastern Europe’s most extensive networks with over 380 routes from 22 bases.

Image: Airbus.

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Wizz Air posts a fiscal first quarter net profit of $36.1 million, up 12.5%

Wizz Air (Hungary) (Budapest) has reported a first quarter net profit of €32.9 million ($36.1 million), up 12.5% compared to €29.2 million ($32.0 million) in the same quarter a year ago.

Revenue was up 12.7% at €332.5 million ($365.0 million), compared to €295.2 million ($324.1 million) for the same quarter a year ago.

The airline also gave guidance on its full-year outlook:

With the continued expansion of our network, Wizz Air expects to grow capacity by around 17% in the 2016 financial year, spread evenly across the year. We continue to believe that there will be no earnings benefit from the decline in fuel prices over the last 12 months as the US dollar has strengthened against the euro over the same period and, as expected, lower fuel prices are feeding through to lower unit revenues. We expect the downward trend in unit revenues to continue for the foreseeable future.

Nonetheless, our forward bookings indicate robust demand for the peak summer period. Increased visibility over this important trading period means we now expect to deliver an improved outcome for the full year. Our current expectation is for Group post tax profit (excluding unusual and exceptional items) to be in the range of €175 million and €185 million. While we have limited visibility on the second half of the year, our current expectations for full year performance are summarized below:

For the second quarter (July to September 2015) of the 2016 financial year, we expect to grow capacity, in terms of ASKs, by around 16% and anticipate a modest rise in load factor compared to the same period in the prior year. Despite continued downward pressure on unit revenues, both operating margins and underlying net profit margins are expected be modestly ahead of the prior year.

József Váradi, Wizz Air Chief Executive said:

“The first quarter has been an exciting period for Wizz Air. We have continued to grow our network and increase our passenger numbers throughout the period while maintaining an industry leading, ultra-low cost base. Today we are pleased to announce a record set of results for the first quarter with a strong performance against all key operating and financial performance measures. We are particularly pleased to have announced the signing of a memorandum of understanding relating to an order, subject to shareholder consent, for 110 Airbus A321 neo aircraft, worth in excess of $12.5 billion at current list prices. This order will provide us with aircraft to continue delivering strong growth for the next decade.

We continue to deliver against our ambition to make safe, reliable, affordable air travel available to everyone in Central and Eastern Europe. Our ultra-low cost model gives us a clear cost advantage versus most of our rivals, including many other low cost airlines, and as a result we are able to offer our passengers low fares and sustain a relatively high growth rate compared to other carriers. We have a strong balance sheet, proven management team, best-in-class fleet and leading market position in CEE. This winning formula leaves Wizz Air well placed to continue to deliver significant growth and returns for our shareholders”.

Read the full report: CLICK HERE

The company also gave additional details on its latest planned order with Airbus:

Wizz Air (2015) logo (LRW)

On June 18, 2015 the Company announced that it had signed a memorandum of understanding (MOU) with Airbus S.A.S. to purchase 110 A321neo aircraft (below), with the first deliveries in 2019. The memorandum of understanding includes an option to purchase up to 90 A321neo additional aircraft and provides for the cancellation of 10 A320ceo due for delivery in 2018 under existing agreements. Wizz Air also has the right to substitute A320neo aircraft for A321neo aircraft depending on its needs. Completion of the order will be subject to the successful negotiation of a final purchase agreement and, thereafter, to Wizz Air shareholder approval.

Wizz-wizzair.com (Hungary) A321-200 (15)(Flt)(Airbus)(LRW)

This order will enable Wizz Air to deliver its fleet expansion plan and replace over 50 aircraft scheduled to leave the fleet between 2019 and 2024. By the end of this period Wizz Air expects to have a fleet totalling 154 aircraft, with significant flexibility to adjust up or down subject to market conditions. Apart from providing the capacity necessary to serve the long term growth potential of the CEE market, the order will provide for significantly lower operating costs through cabin innovations, the latest engine technology and other efficiency improvements. As with the 230-seat A321ceo, the first of which will be delivered later this year, the 239-seat A321neo will be deployed primarily on higher volume routes.

In other news, Wizz Air has announced an upgrade to its first-to-board Priority Boarding service to include the option of bringing on board a small personal item. This continues Wizz Air’s tradition of adding services designed to enhance passenger convenience and satisfaction.

With the upgrade, passengers with Priority Boarding, purchased as a stand-alone option or as part of a Plus Fare or WIZZ Privilege Pass, will have the choice to bring a small personal item on board in addition to either a small or large cabin bag.

Priority Boarding, which allows passengers to board their flight ahead of general boarding, can be added to Basic Fares for just €3 per seat and flight if purchased online, €4 if purchased at the airport.

The Plus Fare, which includes Priority Boarding, was launched in May 2015 to address the needs of comfort conscious travellers and comprises the flight fare, seat selection including premium seats, airport check-in, WIZZ Flex for flexibility on flight changes, a large cabin bag, and one checked bag.

The WIZZ Privilege Pass was launched in January 2014 as a yearly membership program for frequent travellers. For an annual fee of €99, pass holders enjoy seat selection including premium seats and unlimited priority boarding and a large cabin bag on every flight.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com.  Airbus A320-232 WL F-WWDL (msn 6662) at Toulouse became HA-LYS on delivery. It is painted in the new 2015 livery.

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Wizz Air to launch two new routes to Birmingham

Wizz Air (Hungary) (Budapest) will launch the two new routes to Birmingham (UK). The twice-weekly Warsaw – Birmingham route will be started on September 14 followed the next day by twice-weekly Budapest -Birmingham service according to Airline Route.

Wizz Air (2015) logo-1

 

Copyright Photo: Clement Alloing/AirlinersGallery.com. Airbus A320-232 F-WWIA (msn 6614) (delivered as HA-LYQ) departs Toulouse wearing the new 2015 livery.

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Wizz Air signs contract for 110 Airbus A321neo aircraft

Wizz-wizzair.com (Hungary) A321-200 (15)(Flt)(Airbus)(LRW)

Wizz Air (Budapest) has signed a Memorandum of Understanding (MOU) for the biggest single order for the Airbus A321neo aircraft. The deal signed at the 51st Le Bourget International Paris Air Show pushes NEO orders and commitments beyond 4,000. Significantly the order includes the latest A321neo Airbus Cabin Flex configuration with 239 seats in 18 inch comfort standard.
Currently Wizz Air operates 61 aircraft on one of Central and Eastern Europe’s most extensive networks with over 380 routes from 22 bases.

Wizz Air (2015) logo-1

In other news, starting late September, Wizz Air will introduce two new routes from Chișinău to Bologna and London (Luton).

Wizz Air Chisinau new route

According to Airbus:

Airbus logo (large)

With one aircraft in three sizes (A319neo, A320neo and A321neo), the A320neo Family, seating from 100 to 240 passengers, seamlessly covers the entire single-aisle segment from low to high-density configurations on domestic to longer range routes. To date, the A320 Family has won more than 11,700 orders and over 6,500 aircraft delivered to more than 300 operators worldwide.

Image: Airbus.

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June 17 – 20, 2015 at Delta Flight Museum in Atlanta. For more information: CLICK HERE

Wizz Air to add two new routes from Vilnius, will open its 22nd base

Wizz Air 2015 logo

Wizz Air (Budapest) has announced further growth of its route network from Lithuania with two new Vilnius services to Stockholm and Billund starting from September 14 and operating with three and two weekly frequencies respectively.

Wizz Air (2015) logo-1

Wizz Air is now offering a total of 24 routes to 14 countries from Lithuania.

In other news, Wizz Air also announced that it will open its 22nd base on December16 in Debrecen (Hungary) with one new Airbus A320 and further increases to its regional Hungarian services.

Already served by Wizz Air flights, Debrecen will be Wizz Air’s second Hungarian airport with base operations. The new aircraft will increase the number of routes served from Debrecen to six and increase annual seat capacity from the airport by 136% to 145,000 seats per year. The airline hopes this will stimulate the local job market in aviation and tourism sectors as consumers will have access to more low cost routes.

Wizz Air will operate three new routes from its Debrecen base to Charleroi (near Brussels), Malmo and Beauvais (near Paris) starting December 16, all initially operating with two weekly flights. The Debrecen route to Beauvais will provide Hungarian consumers with Wizz Air’s low fare access to the French capital. Frequencies on its existing popular Debrecen services to London Luton and Eindhoven will also be increased.

Wizz Air now offers a total of 47 Hungarian routes to 22 countries from two Hungarian airports.

Copyright Photo below: Eurospot/AirlinersGallery.com. Airbus A320-232 F-WWIA (msn 6614) became HA-LYQ on delivery and was the first to introduce the new 2015 look.

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Wizz Air to fly to Iceland from Poland

Wizz Air (Budapest) has announced further growth of its route network from Poland. From July 3, 2015 Wizz Air will start operating a new service from Gdansk to Keflavik (near Reykjavik) in Iceland, with two weekly flights.

Wizz Air now offers a total of 116 Polish routes to 22 countries from seven Polish airports.

In other news, Wizz Air has announced twice-weekly service from Budapest to Tenerife, starting on October 30 with departures on Mondays on Fridays.

Wizz Air now flies from Budapest Airport with 41 routes to 21 countries.

Finally, Wizz Air announced a new Debrecen route to Bergamo (near Milan) which will start operating with two weekly flights on October 25.

Copyright Photo: Antony J. Best/AirlinersGallery.com. Airbus A320-232 HA-LYA (msn 6077) with Sharklets lands in London (Luton).

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