“Wizz Air Introduces Multipass Innovation, CEO Addresses Expansion to USA”
Richard Quest, the renowned journalist of CNN’s “Quest Means Business,” recently visited Budapest, Hungary, where he had an exciting interview with József Váradi, the CEO of Wizz Air, the Hungarian low-cost airline. In the interview, Váradi mentioned their multipass plan, which enables travelers to use Wizz Air multiple times like a metro season ticket. He further said that Wizz Air respects the passengers who choose them and would like to reward their loyalty with the multipass opportunity.
When Quest asked Váradi about the operational difficulties and strikes, Váradi acknowledged that strikes do not benefit the airline’s business. He added that Wizz Air has learned its lessons and invested hundreds of millions of dollars to improve resilience. He said that the airline has built more buffers, spares, and slacks, which will enable them to avoid canceling flights. Even though there may be delays in the summer, they will manage to satisfy their customers.
Quest also asked about the future expansion plans of Wizz Air. Váradi said that they are not planning to go to the USA, but he highlighted that their maximum flight time is currently six hours and will increase to eight hours in 2024. He added that one should look on the map between London and Abu Dhabi, Wizz Air’s two main bases, to find out that there are still a lot of dots to connect in that area.
Regarding aircraft, Váradi said that Wizz Air currently has 180 planes, with the fleet expected to grow above 500 soon because they have ordered 360 Airbus planes. He emphasized that Wizz Air is profitable, growing, and has the most economical and sustainable capacity.
Wizz Air’s multipass plan is creating a buzz in the airline industry, and Váradi’s interview with Quest reflects the airline’s commitment to providing passengers with excellent service. With the airline’s continued growth and profitability, Wizz Air is set to become a major player in the aviation industry.
