Ryanair vs Wizz Air: The low-cost fight spreads to Poland
Ryanair is aiming to double its business in the fast-growing Polish market and expand across eastern Europe over the next decade, executives said, taking on rival Wizz Air and opening a new front in the battle of the budget airlines. As part of its strategy, Ryanair, whose low fares have helped it dominate markets in Ireland, Italy and much of western Europe, aims to beef up its presence at eastern European airports. It already operates from more than a dozen Polish airports, including nine bases, CEO Michael O'Leary told Reuters, often negotiating special deals to secure lower fees - crucial in the contest to keep costs down, and fares too. "Whenever we come up against Wizz, we tend to have significantly lower fares and have much lower costs," he said. As an example of the strategy, he cited Albania, where Ryanair plans to open 25 new routes this winter to take on Wizz in its eastern European heartland. But Hungary-based Wizz is not standing still. It plans to operate at least twice as many planes as it currently has in central and eastern Europe by 2038 and is shortly set to announce 35 new aircraft in Poland alone, CE Jozsef Varadi told Reuters. "We're looking at double-digit growth year-on-year, over the next seven or eight years" in the region, Varadi said. With nearly 40m people, Poland is by far emerging Europe's biggest country, where rising disposable incomes have fuelled a demand for travel that makes the region an attractive prospect as western European markets mature.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2023-10-19/unaligned/ryanair-vs-wizz-air-the-low-cost-fight-spreads-to-poland
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Ryanair vs Wizz Air: The low-cost fight spreads to Poland
Ryanair is aiming to double its business in the fast-growing Polish market and expand across eastern Europe over the next decade, executives said, taking on rival Wizz Air and opening a new front in the battle of the budget airlines. As part of its strategy, Ryanair, whose low fares have helped it dominate markets in Ireland, Italy and much of western Europe, aims to beef up its presence at eastern European airports. It already operates from more than a dozen Polish airports, including nine bases, CEO Michael O'Leary told Reuters, often negotiating special deals to secure lower fees - crucial in the contest to keep costs down, and fares too. "Whenever we come up against Wizz, we tend to have significantly lower fares and have much lower costs," he said. As an example of the strategy, he cited Albania, where Ryanair plans to open 25 new routes this winter to take on Wizz in its eastern European heartland. But Hungary-based Wizz is not standing still. It plans to operate at least twice as many planes as it currently has in central and eastern Europe by 2038 and is shortly set to announce 35 new aircraft in Poland alone, CE Jozsef Varadi told Reuters. "We're looking at double-digit growth year-on-year, over the next seven or eight years" in the region, Varadi said. With nearly 40m people, Poland is by far emerging Europe's biggest country, where rising disposable incomes have fuelled a demand for travel that makes the region an attractive prospect as western European markets mature.<br/>