Austria: Vienna airport benefits from LCC boon

Austria’s Vienna International Airport (VIE) has experienced one of the highest growth rates of new LCC routes of any major European airport as more LCCs have entered the market. The airport handled 4,864,177 passengers in the January-March period, up 6.6% year-over-year. VIE currently has an LCC market share growth of 17% to 20%, which is expected to rise to 25% this year. “However, the current trend of LCC growth in Europe arrived late in Vienna. Compared to countries like Spain—where LCCs have a total market share of 50%—there is still a lot of volume for growth in Austria,” According to VIE board member Julian Jäger. Vueling plans to establish a Vienna base this summer. Wizz Air established a base in Vienna recently. And Scoot and Level are also evaluating services at VIE. <br/>
ATW
http://atwonline.com/airports-routes/vienna-airport-benefits-lcc-boon
5/25/18