Let the Wizz v Ryanair (Buzz) battle properly commence!
So Ryanair are closing their Budapest base down from the the 1st December, and then the airline will immediately re-open the base with its newly created "Buzz" airline, which is a fully owned subsidiary of Ryanair.
All routes Ryanair currently flies witj Budapest based aircraft will now be operated by Buzz.
Reading the below news article, it seems Ryanair has a higher cost base than Wizzair, but by operating a new airline based in Hungary they can lower these costs to match/best Wizzair.
Hope this doesn't mean crew and staff will be forced to accept lower pay and poorer working conditions?!
https://dailynewshungary.com/ryanair-to-shut-down-its-base-in-budapest/