Skip to content Skip to Search
Skip navigation

Wizz Air Abu Dhabi aims for 25% business growth 

Wizz Air has 12 aircraft based in Abu Dhabi, with plans to expand to 50 in the next four to five years Creative Commons/Kevin Hackert
Wizz Air has 12 aircraft based in Abu Dhabi, with plans to expand to 50 in the next four to five years

Low-cost carrier Wizz Air Abu Dhabi expects business to grow by 25 percent in 2024 compared to last year, driven by capacity growth.

The airline has 12 aircraft based in Abu Dhabi, with plans to expand to 50 in the next four to five years, the UAE state-run Wam news agency reported, citing CEO Jozsef Varadi.

In 2023, Wizz Air Abu Dhabi transported over three million passengers, setting a target of 10 million in the next four to five years.

The airline expects to receive over 300 new aircraft in the next six years, surpassing 500 by 2030.

“A significant portion of this new fleet will be based in the Middle East, specifically in the UAE,” the CEO said.

He pointed out that the significant growth in demand from the UAE led to doubling their business last year, with growth expected to increase this year.

Varadi said that Wizz Air is set to end the fiscal year strongly, as profitability and operational efficiency reached close to pre-Covid levels. 

The airline saw a 20 percent annual increase and a 50 percent rise from 2020.

In December, Johan Eidhagen, managing director of Wizz Air Abu Dhabi, told AGBI that the airline is looking at expansion in Saudi Arabia and working with the authorities “to develop route opportunities”.

The airline flies to Dammam and Medina in the kingdom.

Wizz Air operated more than 15,000 flights and added seven new routes, including Antalya, Turkmenistan, Turkestan and Cairo, bringing the total number of destinations to 40 in 27 countries. The airline plans to add further routes and increase flight frequencies.

Latest articles

FILE PHOTO: United Arab Emirates Minister of State for Foreign Trade Thani Al Zeyoudi gestures during an interview with Reuters in Dubai, United Arab Emirates, June 30, 2022. REUTERS/Abdel Hadi Ramahi/File Photo

UAE and Kenya complete Cepa negotiations

The UAE and Kenya have completed negotiations on a comprehensive economic partnership agreement (Cepa) between the two countries. It is the 12th Cepa deal secured by the UAE and its third in Africa, after agreements were signed last year with Mauritius and the Republic of the Congo (Congo-Brazzaville). “The UAE-Kenya Cepa will not only boost […]

Adnoc has bid for German polymer manufacturer Covestro but its offers €55 and €57 per share were rejected

Adnoc faces hurdles in completing ambitious European deals

Abu Dhabi state oil company Adnoc is facing challenges to a duo of major European deals it is trying to get over the finish line, according to media reports. Talks with Austrian energy group OMV have been put on hold to allow parties to navigate a series of disagreements, the Financial Times reported on Friday. […]

The 450 companies operating at Dubai Science Park include AstraZeneca, and the free zone plans to add 200,000 sq ft of lab and office space

Dubai Science Park reveals expansion plans

Dubai’s biotechnology free zone is adding 60 percent more offices, laboratories and warehouses over the next few years to cater for an influx of new companies, its senior vice-president told AGBI.  Dubai Science Park, part of Dubai-listed Tecom Group, is planning an expansion of 200,000 sq ft of additional storage and logistics facilities at the […]

A worker at a phosphate production plant in Metlaoui, Tunisia. Phosphate accounts for 15% of Tunisia's exports

Saudi Arabia loans $55m for Tunisian rail renewal

Saudi Arabia has signed a $55 million loan deal with Tunisia to finance the renewal of the North African country’s rail network.  The railway is used to transport phosphate, a sector that makes up around 4 percent of Tunisia’s GDP and 15 percent of the country’s exports. Tunisia plans to produce eight million tonnes by […]