Wizz Air now challenging Tarom as biggest airline in Romania; new routes from Targu Mures started this week
Analysis of OAG schedule data by anna.aero this week reveals that Romania is now Wizz Air’s second biggest country market (after Poland) with over 200 weekly departures from Romanian airports. This means that Romania has overtaken Italy and the UK in the last 12 months, and is the fastest-growing of the airline’s base countries. Wizz Air operates from four airports in Romania; Bucharest Baneasa, Cluj Napoca, Targu Mures and Timisoara. The number of flights from Romanian airports has grown by around 25% in the last year while across the airline’s entire network flights have grown by an estimated 10%.
Wizz Air nearly bigger than Tarom in Romania
As a result Wizz Air is now only just behind Tarom in terms of weekly seat capacity at Romanian airports. Assuming its load factor is higher than that of Tarom it may already be the leading carrier in terms of passengers in the country. It already operates more routes than Tarom, with 52 routes split between Bucharest (20), Cluj Napoca (14), Timisoara (10) and Targu Mures (eight). This week saw the launch of new services from Targu Mures to Barcelona, Madrid and Milan Bergamo.
|Airline||Frequency share||Capacity share||Routes from Romanian Airports|
|Source: OAG Max Online for w/c 1 August 2011 and anna.aero research|
Of Wizz Air’s 212 weekly departures scheduled for the first week in August from Romanian airports, 86 are to Italy, 52 to Spain, 28 to the United Kingdom and 17 to Germany. These four country markets account for 86% of the airline’s routes from Romania. Wizz Air does not operate any domestic services in Romania.
Official results for the 2 companies for 2010:
Tarom – 2,19 mln passengers, revenue of 306 mln Euro
Wizzair – 2,1 mln passengers
Both companies grew last year mostly because of the decline of Blue Air.
has anybody any idea what valuation one might put on wizz air? i hear that the ceo is contemplating an ipo later in 2012- is that correct?