Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Wizz Air To Open Four New Bases And Launch 51 New Routes From July

Fri, 29th May 2020 12:53

(Alliance News) - Central & Eastern Europe-focused airline Wizz Air Holdings PLC said Friday it will open four new bases deploying 11 aircraft and launching 51 new routes, with effect from July 1, taking advantage of the gradual lifting of travel restriction that were imposed to combat Covid-19.

One base will be Malpensa airport outside Milan, where Wizz Air will deploy five new aircraft for 20 new routes. The second will be at Larnaca in Cyprus, with two aircraft and 11 new routes.

The third base is set for Lviv, Ukraine, and this will have one aircraft with five new routes. The fourth base will be in Tirana, Albania, where three new aircraft will be based, with 15 new routes launched.

"I am delighted to announce that Wizz Air is expanding its network in Albania, Cyprus, Italy and Ukraine. We see the potential to re-stimulate demand for low-cost travel and contribute to the vital recovery of tourism in these markets. With our new health and safety protocol designed to ensure that our customers and crew can fly safely, we are able to offer more affordable travel opportunities on our extensive network," said Chief Executive Officer Jozsef Varadi.

Airlines around the globe have furloughed or shed thousands of staff in a bid to stay afloat, as the majority of the world's air travel remains restricted to curb the spread of the novel coronavirus.

In early May, Wizz Air reported a 98% fall in April passenger numbers to 78,389 from 3.3 million in April 2019.

More positively at the time, Wizz Air announced five new destinations to Abu Dhabi, with the first flights from Budapest and Bucharest commencing in June 2020, and three additional destinations starting in September. The launch of the company's new low-cost airline Wizz Air Abu Dhabi is progressing in line with the initial timeline, it said.

Shares in Wizz Air were up 1.5% at 3,298.00 pence on Friday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran ...

19 Apr 2024 10:58

Airlines reroute flights after Israeli attack on Iran

Iran temporarily closed airports after attack *

19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after...

14 Apr 2024 15:07

Israel reopens airspace as airlines cancel flights due to Iran attacks

JERUSALEM, April 14 (Reuters) - Israeli airlines said operations were returning to normal on Sunday after an overnight attack by Iranian missiles an...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.