Originally Posted by
1sky
Wizz Air is an airline with 115 aircraft and is the 8th largest European carriers according to Q1 figures (or 6th if you Aeroflot and Turkish). They have strong brand recognition in the still growing CEE market where other LCCs are struggling, and claim to have profitable Western European bases in LTN and VIE. I also see fewer big uncontrolled or uncontrollable egos in senior management roles. What is there to get realistic about?
It is coming from a small base. It has very small brand recognition in the UK and mid August while Ryanair has sold out its tickets from London to Krakow, Wizz are on sale for half the price with available tickets.
CEE income levels are low an while as a % they will grow they will still be low and reain so.
Ukraine was the big untapped market everyone piling in to BUT its Expat population in summer are visiting home, come mid Sept the fares and yields will be on the floor.
I like them and probably done 40-50 flights with them in last couple of years but long term growth is limited.