Hungarian Low-Coster Wizz Air Riding Wave of Russian Passenger Growth | Business | The Moscow Times:
"While major airlines report double-digit growth of traffic, more budget carriers, like Hungary's Wizz Air, which announced service between Moscow and Budapest on Monday, could take a bite out of their passenger volumes and revenues.
Aeroflot and Transaero, Russia's No. 1 and No. 2 airlines respectively, reported their operational results for the first half of the year. Aeroflot saw traffic increase by almost 20 percent compared to last year, carrying over 1.9 million passengers. Transaero grew by 21.5 percent, having 4.4 million flyers choose the airline in 2013.
"Aeroflot's growth rate for the first 6 months of the year is higher than market average, and it is at market [levels] in terms of seat fill capacity, which increased by 2.3 percentage points," Investcafe analytic agency reported."
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