ADVERTISEMENT

Wizz Air launches first Airbus A321

Transport

press release

Hungarian low-cost airline Wizz Air put its first Airbus A321 aircraft into service yesterday, with the intent to further reduce operating costs, Wizz Air said at a press conference in Birmingham, according to Hungarian news agency MTI.

(Photo: Wizz Air/Földházi Árpád)

Wizz Air CEO József Váradi said at the press conference that operating costs of Airbus 321 models are 10% lower than those of A320 models, of which the airline currently operates 63. As a result of Wizz Air purchasing these new aircraft, the CEO expects to keep the company’s costs among the lowest in the European market.

The news agency reported that Wizz Air has placed orders for 26 additional A321 aircraft.

Wizz Air signed a cooperation agreement with Airbus to purchase 110 Airbus A321neo aircraft, worth $13.7 billion, to revise and expand its fleet, the airline announced at the beginning of September.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.