Wizz Air announced plans to expand its fleet from 40 aircraft at present to 45 by the end of 2013 and to 50 by the end of 2014 (China Economic Net, 22-May-203). Wizz Air operates a fleet of all-A320s, according to the CAPA Fleet Database. Wizz Air CEO Jozsef Varadi said the carrier is committed to the most economical way of purchasing the latest technology, "namely the A320's most advanced engine V2500", adding "it is able to provide the most efficient fuel efficiency, thereby reducing carbon dioxide emissions, is conducive to environmental protection and at the same time help us save management costs."
Wizz Air to expand fleet to 45 by year-end 2013, 50 by 2014
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Wizz Air's 2016 growth was the fastest among all of Europe's top 20 airline groups. Its passenger numbers increased by 19% to almost 23 million in calendar 2016, giving it an average growth rate of 22% pa over the past decade.
Although it is only Europe's 13th largest airline group overall and the number four LCC, Wizz Air is the biggest airline on routes between Eastern/Central Europe and Western Europe. Almost all of its routes are in this core market, and Wizz Air has managed to hold on to its number one spot in the face of strong competition from Ryanair, which is also growing rapidly in this market.
Wizz Air's fleet plan to 2024 is aimed at maintaining double digit growth rates, while also lowering unit costs by adding A321s and A321neos to its A320 equipment. Ten years ago Wizz Air carried only three million passengers, but it will almost certainly break into Europe's top 20 in 2017.