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Dec 04, 2017

Wizz Air to triple the size of its fleet and employees within 10 years

CEO József Váradi said that the airline’s goal is to carry 100 million passengers a year, which will make it one of the biggest carriers in the world

Hungary’s Wizz Air has announced that it will triple both the size of its fleet and the number of its employees within ten years, CEO József Váradi said.

He told business daily Világgazdaság that the airline’s goal is to carry 100 million passengers a year, which will make it one of the biggest carriers in the world.

We recently revealed how Wizz Air will purchase 146 new Airbus A320neo family aircraft worth more than 17.2 billion USD at list price.

Deliveries of the new aircraft will begin in 2022, but most will be distributed in 2025 and 2026. The airline also ordered the delivery of the 110 Airbus A321neo aircraft back in 2015.

“The next-step technology aircraft will enable us to continue to lower our operating costs as we drive towards our goal of Wizz Air being the lowest fare and lowest unit cost airline in Europe,” Váradi said.

If the new order is approved by Wizz Air’s shareholders, it will bring the airline’s outstanding orders with Airbus to 282 aircraft in total.