BUSINESS

Wizz Air, relocate its operations from Baneasa to Otopeni

Wizz Air, the biggest low fare – low cost airline in Romania and Central and Eastern Europe, announced yesterday in a press conference that it will completely transfer its operation base from the Baneasa Airport to the Henri Coanda Airport (Otopeni), starting 25 March 2012. Wizz Air thus committed itself to providing its Romanian customers with quality services at affordable prices, but the higher fees charged by Otopeni after the closure of Baneasa will result in passengers paying more for travel services, said Mike Powell, Chief Financial Officer Wizz Air. The air carrier will increase its fares by an average EUR 6 per ticket, to recover the 25 pc increase in operation costs – EUR 1 M a month – caused by the relocation of its low-cost flights. According to the company official, Wizz Air plans to supplement by 75 pc its flight schedule for this summer, and create 500 new jobs, thus consolidating its position as the biggest airline in Romania.As of March 25, Wizz Air will start operating two flights a week to Memmingen (Germany), at a starting price of RON 93 (per flight, all taxes included). The destination adds to those already announced by the company: Verona (Italy), Budapest (Hungary) and Palma de Mallorca (Spain). An announcement about other new destinations available from Bucharest will be made in the future.Mike Powell added that, by the beginning of this year’s summer, Wizz Air will invest EUR 100 M in the purchase of two Airbus planes for the Bucharest hub, raising to six the total number of aircraft allotted to the Romanian capital.The higher transport capacity will allow the airline to open four new destinations (Budapest, Palma de Mallorca, Verona and Memmingen, in southern Germany) and increase the frequency of its flights by 22, to 123 a week. Thus, Wizz Air estimates it will transport two million passengers over the next 12 months, 500,000 more than in the last 12 months.

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