In times of crisis, low-cost discount carriers often benefit, while the bigger, network carriers—with typically fatter organizations and higher costs—are forced to retrench
For many of the world’s big airlines, the coronavirus pandemic is an existential threat. For Wizz Air Holdings PLC, a European budget carrier, it is an opportunity.
On a map behind his desk, founder and Chief Executive József Váradi has marked with red pins airports across the Continent that he is targeting for expansion. Since the pandemic started grounding flights, the Budapest-based airline has announced plans to open eight new bases, including in Milan and Dortmund, Germany, in the next eight weeks. That is expected to...
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