Budapest skies set for Wizz vs. Buzz battle

Transport

press release

Ryanairʼs independent Polish subsidiary Buzz will take over the operation of the Irish budget airlineʼs base in Budapest from December, the carrier told Hungarian news agency MTI on Thursday, confirming an earlier report by industry news site AIRportal.hu.

Ryanair said its Polish charter subsidiary operates with lower costs and can compete against low-cost peer Wizz Air, the de facto Hungarian flag carrier that has been expanding apace in recent years, according to various Hungarian media reports.

In seven years, Wizz Air aims to operate 300 aircraft and carry 100 million passengers a year, noted news site aerotelegraph.com, observing that even industry leader Ryanair has had a hard time competing against Wizz, hence the decision to close its base in Budapest at the end of November and hand over to Buzz.

The operational change will not affect the number of routes or flights Ryanair offers to and from Budapest, a spokesperson confirmed to aerotelegraph.com. The news portal recalled that a year ago, the Irish airline announced it would expand Buzz from five to 25 jets, adding that Buzz has big growth plans in all of Central and Eastern Europe.

Hungarian news portal index.hu reported that Ryanair would convene its staff in Budapest this week to outline its concept. In a presentation on Facebook, the company wrote that any employee who did not accept Buzzʼs offer would be offered a transfer to another Ryanair base.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.