Wizz Air to enter Austrian market

Wizz Air announced plans Tuesday to enter the Austrian market in April, betting on rising demand for flights to eastern Europe after the insolvency of 2 carriers has left a gap in route networks there. Wizz Air will invest US$331m and create 120 new jobs to connect Vienna with cities including Gdansk in Poland, Tuzla in Bosnia Herzegovina and Varna in Bulgaria, the carrier said. "This is the biggest single market announcement we ever made," CE Jozsef Varadi said. Vienna is one of Europe's main air traffic hubs for eastern European destinations. The airport saw the number of passengers travelling from Vienna to destinations in eastern Europe increase 11% in the first 9 months of 2017. Passenger traffic to western Europe was up 4.2% in the period. <br/>
Reuters
https://www.nytimes.com/reuters/2018/01/09/business/09reuters-wizz-air-hldgs-austria.html
1/6/18