Wizz Air, the Polish/Hungarian low-cost airline, announced the launch of its new flights from Budapest to Milan/Bergamo on 9th July 2007. The new venture is set to increase the frequency on the number of its existing routes from its bases in Budapest. Wizz expects a total of 22 percent increase in the capacity over the same period of time last year. The airline also plans to increase frequencies in the routes concerning the bases in Bucharest and Warsaw.
In a bid to advance its earlier announcement of fleet expansion plans of upto 53 A320s by 2012, Wizz Air recently acquired the 13th new Airbus A320 aircrafts. The low-cost airline with its main base in Katowice International Airport (Poland), basically focuses on the markets of Central Europe. Its bases extend to Warsaw Frederic Chopin Airport (Poland), Budapest Ferihegy International Airport (Hungary), Poznan Lawica Airport (Poland), Gdansk Lech Walesa Airport (Poland), Sofia Airport (Bulgaria) and Aurel Vlaicu International Airport (Bucharest, Romania).
The readers of pasazer.com - the largest polish travel-news portal, voted Wizz's Airbus A320-200 boarding at Aurel Vlaicu International Airport for London Luton Airport as the best low-fare airline in Poland. In 2007, the CEO and Chairman of the airlines József Váradi, was awarded the Ernst & Young Award of the 'Brave Innovator' for Wizz Air's business model, business conduct and its breakthrough performance in the airline business in Hungary and the region.
Established in September 2003, Wizz Air is a company registered in London having subsidiaries in Hungary, Poland and Bulgaria. The leading investor in the company is an American private equity firm - Indigo Partners that specializes in transportation investments. In its first three and a half months, the low-cost airline carried 250,000 passengers, which climbed to 1.4 million in the first year of its operation and estimates of 5 million till date. Wizz Air is all set to establish a new operating base in Zagreb, Croatia.