Abu Dhabi is set te become a low-cost airlines battlefield in the Middle East as a new entrant announced it will join the market in 2020. Central and East European airline Wizz Air will form a joint venture with Abu…
Interesting news from Wizz Air: while many European airlines report lower results and yields under pressure, the ultra-low-cost airline from Central-Eastern European sees significant growth. Wizz closed its FY2020 Q1 with a net profit of EUR 72.4 million, compared to…
Central and Eastern European ultra-low-cost airline Wizz Air presented mixed results on January 30 in its Q3 FY2018/2019 results update. While revenues increased 21.2% to €512.7m, its net profit year-on-year dropped 87.6% to just €1.7mln and net profit margin to…
Airlines know that fast turnarounds mean profits – Southwest advertised ten-minute turns back in 1982. While there have been various claims about turnaround times, there has been a shortage of data to help determine just how important this factor is…
Wizz Air selected the Pratt & Whitney Geared Turbofan Engines for its order of 110 Airbus A321 aircraft, with purchase rights for 90 more, announced July 13 at the Farnborough Air Show. Wizz Air, low cost carriers in Central and…