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If the rumours about Wizz are true
It's exactly the same 'rumour' that was around a year ago. And I would guess it'll be there again next year too unless of course the rumour comes true in the meantime.I too hope Wizz stay put. But the post again is simply saying that according to the rumours, there is a discussion underway. I see no backtracking. That is all that has ever been said on that forum, unless I have misunderstood.
It's exactly the same 'rumour' that was around a year ago. And I would guess it'll be there again next year too unless of course the rumour comes true in the meantime.
An interesting few post on X from a MAN centric page. In my opinion sounds to backtrack slightly re Wizz news on MAN. It’s all abit cryptic (this is not a dig to the poster btw.) his post includes people questioning his credibility.
Unless of course O’Leary’s prediction is correct!It's exactly the same 'rumour' that was around a year ago. And I would guess it'll be there again next year too unless of course the rumour comes true in the meantime.
I think MOL is right to some degree in that there will be casualties in the European Airline Industry, quite likely as he says, before Xmas. Will Wizz be one of them, not in my eyes, at least not for the time being. We may need to look much closer to home than Hungary for the identity of one of those casualties. It is going to be a challenging winter. Those that do survive will only come out stronger.Unless of course O’Leary’s prediction is correct!
I think MOL is right to some degree in that there will be casualties in the European Airline Industry, quite likely as he says, before Xmas. Will Wizz be one of them, not in my eyes, at least not for the time being. We may need to look much closer to home than Hungary for the identity of one of those casualties. It is going to be a challenging winter. Those that do survive will only come out stronger.
As for MOLs U2 prediction, I just think that he still hasn't found what he is looking for! Purely wishful thinking on his part.
Ryanair plus Wizz as a single entity would be a juggernaut of an airline. Over 600 aircraft. The biggest ever I'd imagine. It would be interesting to watch what happens should it come to pass. Would the Wizz fleet be absorbed into Ryanair and how would that work given every aircraft they have (or have ordered) is a 737, except the A320s of Lauda. I'm not sure if Lauda operate as a separate airline to Ryanair though even though they are owned by them?MOL now on set to get a €100 million if not over bonus in 2028 (he will stay to then) because the share price of Ryanair has stayed above €20 per share since mid summer. Is it any wonder why he comes out with these predictions about Wizz - slates Wizz, promotes his own airline, tells the world how good the airline is doing - share price rises.
If Wizz (fingers crossed they don't) do go into administration it's obvious that O'Leary will be sniffing around. The issue would be integrating it into the Ryanair model. The fleet, the staff, the model.
One would suspect the anti growth / anti joy / anti anything lot in the EU will put a stop to the merger citing "removes competition" whilst allowing Lufthansa to eat the competition around and merge into one major player (one doesn't doubt that MOL will come out and say this). But if they do - Wow what an integration and interesting time ahead we will have. A321NEO's for Ryanair - suddenly access to 230+ seat aircraft. Places MOL has publicly fallen out with (Spain / Italy etc) that he would have to deal with. For example Wizz Air Romes base is HUGE.
Ryanair plus Wizz as a single entity would be a juggernaut of an airline. Over 600 aircraft. The biggest ever I'd imagine. It would be interesting to watch what happens should it come to pass. Would the Wizz fleet be absorbed into Ryanair and how would that work given every aircraft they have (or have ordered) is a 737, except the A320s of Lauda. I'm not sure if Lauda operate as a separate airline to Ryanair though even though they are owned by them?
Would Ryanair keep the Wizz brand, or fully integrate the airline into Ryanair?
Maybe he would just prefer to see Wizz go under without making any bid for it. One less competitor and Ryanair could expand at its own pace rather than be faced with a massive and disruptive take over and integration.
And the more general point is that the more the airport can diversify away from Jet2 and Ryanair the more secure its position will become.I'll taylor my response from a Leeds specific standpoint.
Wizz Air is an Ultra Low Cost Carrier and with that brings significant opportunities for LBA.
I believe whatever the future holds for Wizz, for Leeds Bradford Airport it is important to continue to work with Wizz to try to further expand their offering.
For LBA it is vital to continue to attract airlines from Eastern Europe as they are the only airlines that can realistically fill the quieter times of the day. Recent speculation regarding a potential move to Manchester only highlights the fact that Manchester needs these flights for much the same reason.
So far as I am concerned, LBA should do whatever it takes to keep Wizz, and build on what they have already achieved, in addition to attract additional airlines from Eastern Europe.
This does look to be the strategy of Leeds Bradford Airport, and given the airport's connection with Newcastle and Luton airports through Infrabridge, the airport already has relationships with other airlines in those countries.
Absolutely. As much as we love the services Ryanair and Jet2 provide, it is important to diversify as much as possible for that very reason. A banker once told me the value of the airport would increase substantially with every new airline that bases at the airport. This is exactly why Liverpool have been trying to get Jet2 for years.And the more general point is that the more the airport can diversify away from Jet2 and Ryanair the more secure its position will become.
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