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Old 16th Nov 2021, 21:57
  #151 (permalink)  
TBSC
 
Join Date: Jan 2008
Location: Switzerland ... oh wait: Swaziland
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The talking point of the management is "Wizz 500" these days, the "W300" thingy did not last long. Smoke in the mirror, no one will remember them (just like the earlier unfullfilled fleet plans) in 5-10 years.
The big scale (or any scale) market consolidation they expected and kept mentioning for years now did not happen (not even because of covid). The move to west is more or less limited to Italy/Vienna/the UK and already failed in some markets (like Norway, Dortmund, Frankfurt and Salzburg). Abu Dhabi is still quite a small scale operation despite all the hype they try to create. They do not seem to fare any better than the average EU operator during the pandemic, at least 30% of their fleet is still grounded, the re-starting date of several flights are being pushed back repeatedly. Quite a sum was lost on fuel hedging in a few years back, they stopped it, quess what now with the fuel price going up and up... The latest mantra is sustainability and being green which is a blue joke for anyone even remotely familiar with their operation.
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