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Wizz Air further enhances its operations with 35% more flights next summer
Monday, December 24, 2007

A series of developments were announced by Wizz Air from its bases in Hungary and Poland. The airline said, that it would expand its Budapest operations next summer by adding 15 new weekly flights compared to summer 2007 or 27% more capacity. The airline will increase frequencies on most of its current routes, add Goteborg, Oslo-Torp and Venice-Treviso to its Budapest network and reintroduce the popular summer seasonal flights to Bulgaria (Bourgas and Varna), Spain (Barcelona-Girona and Palma de Mallorca) and Greece (Corfu, Rhodes and Heraklion).

Concurrently the carrier announced that it would base an additional Airbus A320 aircraft to its largest base in Katowice. It will be delivered brand new from Toulouse in June 2008 and will be Wizz Air’s fifth aircraft based in Katowice and twelfth in Poland. The new aircraft would be deployed to increase the frequencies on the majority of its existing routes and fly its seasonal flights to Bourgas, Heraklion and Barcelona Girona. The airline also said it would enhance its summer program by introducing Varna on the Bulgarian Black Sea coast as a new holiday destination. These developments will result in a 40% overall frequency increase from Katowice. Besides the network enhancement Wizz Air will continue to contribute to the regional economy by hiring the crew for the new aircraft locally. The recruitment will start early next year.

Wizz Air would also continue to develop its Gdansk base by increasing frequencies on the majority of its existing routes and launching new flights in summer season 2008. The airline will enter the Finnish market by launching Gdansk-Turku flight in April 2008 and will introduce the long awaited Gdansk-Barcelona/Girona flight from June 2008. These developments will result in a 38% increase in frequencies from Gdansk next summer versus summer 2007.

Overall, both Hungarian and Polish markets will see a significant network enhancement from Wizz Air resulting in the largest choice of low fare routes from its bases and further strengthening its leadership on the market.

Vicky Karantzavelou - Monday, December 24, 2007
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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