Central and Eastern European low-cost carrier (LCC) Wizz Air is aiming to become the lowest-cost airline in Europe, setting its sights on overtaking Irish LCC Ryanair. “Our strategic aim is to become the lowest-cost producer and we are well on track with that,” Wizz Air CEO József Váradi told delegates at the Aviation Festival in London last week. “I would say we are in the same ballpark [as Ryanair] now in terms of unit cost per ASK.” Váradi ...

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