Wizz Air Holdings Plc (LON:WIZZ) told investors it is expanding its network by setting up new bases in Germany, Romania and Russia, along with expanding its operation out of Belgrade, Serbia.
In all, it will deploy seven additional aircraft and launching 44 new routes.
Three aircraft will be deployed to Germany to serve up to 18 routes, two aircraft will be based in Bacau, Romania, across twelve new routes and one aircraft in Russia will cover five new routes. In Belgrade, Wizz adds one aircraft taking its fleet to three, and services an additional nine new routes.
"I am delighted to announce that Wizz Air is further expanding its network in Germany, Romania, Russia and Serbia,” said József Váradi, Wizz chief executive.
“We continue take advantage of market opportunities and re-stimulate demand for low-cost travel.
“This expansion further contributes to the vital recovery of the economy in our markets and we remain focused on best servicing them, while protecting the health of our customers and employees.
“Our ever-disciplined attitude to cost and our solid balance sheet ensure that we remain a most formidable business under any market circumstance."