UPDATE 1-Wizz Air seeks Middle East growth with new Abu Dhabi airline - Reuters:
Wizz Air said on Thursday it planned to launch Wizz Air Abu Dhabi next year in its first expansion beyond Europe, as the low-cost airline seeks to grow by offering its budget prices on Middle East routes.
Budapest-based Wizz Air, one of the largest low-cost airlines in Central and Eastern Europe, said its new carrier aims to offer flights from Europe to the Middle East.
Wizz CEO Jozsef Varadi the new airline would be a major source of growth in the future, bringing tourists from its markets in Europe and Russia to Abu Dhabi and in the longer term, flying between the Middle East, the Indian subcontinent and Africa.
“The intention and the purpose of coming to Abu Dhabi is to stimulate the market place. Abu Dhabi is hugely underpenetrated with regard to low-cost flying,” Varadi said in an interview.
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