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Bloomberg
Wizz Air Holdings Plc plans to order 75 Airbus SE narrow-body jets as the discount carrier doubles down on its rapid expansion in a challenge to sector leader Ryanair Holdings Plc.
Wizz will exercise purchase rights for the A321neo jets granted by the manufacturer last year, it said in a statement. Delivery dates are subject to agreement.
Eastern Europe’s biggest low-cost airline has already lifted capacity above pre-Covid levels as travel rebounds from the pandemic. Chief Executive Officer Jozsef Varadi said the new order puts Wizz on track to become a 500-aircraft group by the end of the decade as it expands west to challenge network airlines and rival discounters like Ryanair.
“The combination of Wizz Air’s ultra-low cost operation and the market-leading Airbus A321neo aircraft together create a strong platform for Wizz Air’s future growth,†Varadi said.