Budapest, Hungary - Hungarian low-cost operator Wizz Air is set to grow its fleet to 300 aircraft by 2028 after retiring its older planes.
The all-Airbus airline currently has 120 single-aisle Airbus jets in its fleet and expects 271 more over time.
Wizz Air carried around 215 million passengers since its launch in 2004. Last year alone, the Budapest-based carrier transported 34 million passengers.
Wizz Air expects a 15% increase this year, taking carried passenger number in a year to the 40 million for the first time.
With the order of new generation, fuel-efficient jets, including 20 “extra-long range” Airbus A320XLR, Wizz Air is gearing up for rapid growth in the coming decade that will allow the airline to launch flights well beyond Europe.
Today, we are flying a number of 5-6 hour routes, while the XLR will extend our outstanding value and service proposition on routes of 7-8 hours of flying. We are continuously negotiating with many potential partners across Europe and beyond,
Wizz Air told the Budapest Business Journal.
Wizz Air previously stated that the carrier was eyeing to launch low-cost long-haul routes to both India and North America.
The Hungarian operator currently flies to 150 destinations in Central and Eastern Europe, with bases in 25 cities. The company also employs more than 4,500 people in those cities.
Chief executive József Váradi says Wizz Air is the “hometown airline” of Budapest with a 51% market share in the city in 2018.
With the addition of one more Airbus A321neo jet, the Hungarian budget carrier plans to launch new routes to Kiev, and Brussels from June 2020.
The United Kingdom is one of the most important markets for Wizz Air. Around one-third of all Wizz Air flights are landing at the UK airports. The airline carries out five return flights daily between Budapest and London Luton alone.
To avoid restrictions after Brexit, Wizz Air registered a new branch in the UK.