Hungary’s Wizz Air buys 50 more A320 from Airbus


Airbus won a 50-plane order from Wizz Air Ltd. a Hungarian discount carrier, within an agreement ordering 50 airplanes now and placing the order of 25 more optionally, as it was stated in the company’s press release.

Wizz Air ordered 50 A320 narrowbody airliners with a list price of $3.65 billion from Wizz Air, that’s expanding its network across eastern Europe. The contract will take Wizz’s A320 fleet to 82, Toulouse, France-based Airbus said in a statement today.

The Budapest- based airline will use the planes to open new routes and add frequencies on existing services, the statement said. Airbus delivered 330 planes in the first nine months, one more than Boeing Co., as it seeks to remain the world’s biggest maker of commercial aircraft. The Wizz order is the European company’s biggest from the region for a single model, it said. Wizz began flying in May 2004 and now has bases in three Polish cities as well as Budapest, Sofia and Bucharest.

It plans to open a seventh in Poznan, Poland, in January. The closely held airline may seek to raise £500 million ($1 billion) through a share sale in London, the Daily Telegraph newspaper reported April 25, without saying where it got the information. Shares of Airbus parent European Aeronautic, Defence and Space Co. were trading up 0.7% at €22.6 as of 10:36 a.m. in Paris. They’re down 13% so far this year. Wizz’s new planes will have 180 seats in a single-class layout, Airbus said. „Wizz Air has demonstrated its ability for sustainable growth, where cost efficiency is the key, CEO József Váradi said in the Airbus statement. „Our choice of aircraft plays a big part in this cost efficiency.” (Bg,

Zwack Profit Falls 16% Figures

Zwack Profit Falls 16%

EC Advances Infringement Procedure Over Hungary's Sovereignt... EU

EC Advances Infringement Procedure Over Hungary's Sovereignt...

Hell Energy Inaugurates HUF 80 bln Capacity Expansion Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Puskás Arena to Host 2026 Champions League Final In Budapest

Puskás Arena to Host 2026 Champions League Final


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.