What about Georgia (has been talked about), or Moldova, Azerbaijan, Armenia?
I imagine that entrenched interests will make life difficult for foreign LCCs who try to set up locally with a non trivial operation.
This was my thinking originally. This is the problem Wizz face moving forward if they want to create operations in Moldova, Azerbaijan etc.. they have to create additional subsidiaries (existing - Wizz Ukraine, Wizz Serbia) which will only drive down profits (if there even making any). Only advantage Wizz have now is they have orders to back up expansion, while most LCC's in Europe are near the end of there order books.
My gripe with Wizzair is why they are still robbing passengers from Cork of seven euro per flight as they continue to charge the government tax at the old rate, despite the fact it has been reduced for over a year now?
There actually charging €10 when it is infact €3, although it should be pointed out this is what could be keeping there Cork operation afloat.