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Airlines

Name: WIZZ AIR UKRAINE
7JetSet7 Code: WAU
Status: Currently Not Operational
Region: EUROPE
City: KIEV
Country: UKRAINE
Employees 27
Web: wizzair.com
Email: customerrelations@wizzair.com
Telephone: +380 442064888
Fax: +380 445773781
Sita:
Background
(definitions)

Click below for data links:
WAU-2013-03 - UPDATE-A
WAU-2013-03 - UPDATE-B
WAU-2013-03 - UPDATE-C
WAU-2013-03 - UPDATE-D
WAU-2013-03 - UPDATE-E
WAU-2013-03 - UPDATE-F
WAU-CABIN ATTENDANT - 2013-03
WAU-CABIN ATTENDANTS - 2013-03
WAU-ROUTE MAP - 2013-02
WAU-ROUTE MAP - 2013-03

Formed and started operations in 2008. Domestic, regional & international, scheduled & charter, passenger & cargo jet airplane services.

Address:
3A Maksyma Grishka Street
Kiev 02140, Ukraine

August 2010: Wizz Air Ukraine (WAU) launched a twice weekly A320-200 service from Lviv to Venice Treviso on May 14 but will give up its Kiev Borispol - Oslo Torp route on September 12 instead.

September 2010: Wizz Air Ukraine (WAU) is to serve Kiev - Stockholm Skavsta twice-weekly, and open an Allgau - Memmingen link from Lviv - its third route from the city after Dortmund and Venice - from 18 December.

April 2011: Wizz Air Ukraine (WAU) will launch twice-weekly, Kiev - Valencia A320 service on September 6.

June 2011: Wizz Air Ukraine (WAU) will launch thrice-weekly, Kiev Zhuliany - Girona service on September 6.

October 2011: Wizz Air Ukraine (WAU) is a division of Wizz Air (WZZ) operating low-fare services out of Ukraine.

(IATA) Code: WU. (ICAO) Code: WAU - (Callsign - WIZZAIR UKRAINE).

Parent organization/shareholders: Wizz Air (WZZ) (100%).

Main base: Kiev Zhulhany Airport (IEV).

January 2012: Wizz Air Ukraine (WAU) is resuming operations from Lvov in March following runway construction work at the airport:
Lvov - Dortmund: 2x weekly A320-200 service resuming on March 30;
Lvov - Venice Treviso: 3x weekly A320-200 service resuming on March 31.

It has, however, terminated its services from Kiev Zhulyany to Oslo Torp and Stockholm Skavsta on November 1 and is not resuming Lvov - Memmingen.

October 2012: Wizz Air (WZZ) made use of its Ukrainian subsidiary, Wizz Air Ukraine (WAU)’s Air Operator Certificate (AOC) and launched a new international route from its Ukrainian base at Kiev Zhulyany (IEV). (WAU) now flies twice a week to the newly reopened airport in Kutaisi (KUT), the second-largest city in Georgia. At the start of the winter scheduling season, (WAU)'s 180Y-seat A320s will increase frequencies to three weekly flights. Although this currently is the only route operating to Kutaisi, both S7 (SBR) and Belavia (BLV) are planning to launch Moscow and Minsk flights later this month.

November 2012: Wizz Air Ukraine (WAU) added services from two Ukrainian airports to Milan Bergamo (BGY), the northern Italian airport popular with many low-cost carriers (LCC)s. Thrice-weekly flights are now offered from both Lviv (LWO) and Kiev Zhulyany (IEV). Speaking of the new route from Lviv in western Ukraine, Akos Bus, Wizz Air Ukraine (WAU)’s General Director, said: “This is the third route carried out by our company from Lviv. Previously launched flights to Venice Treviso and Dortmund proved their popularity with affordable prices and high service quality. We have high hopes that the pattern will repeat itself this time, too.”

January 2013: Wizz Air Ukraine ((IATA) Code: WU, based at Kiev Zhulyany (IEV)) (WAU) has applied for traffic rights to take over several routes from Kiev, abandoned by financially troubled competitor Aerosvit Airlines ((IATA) Code: VV, also based at Kiev Borispol (KBP)) (UKA) in recent weeks. According to "Airline Weekly," Wizz Air (WZZ)is considering launching new routes from Kiev Zhulyany (IEV) to Dubai International (DXB), Istanbul, Larnaca (LCA), Moscow, Naples International (NAP), Prague Ruzyne (PRG), St Petersburg Pulkovo (LED), Tel Aviv Ben Gurion (TLV), Thessaloniki Makedonia (SKG), Vilnius International (VNO), and Warsaw Modlin (WMI) if it is able to get the necessary traffic rights. Wizz Air Ukraine (WAU) and sister carrier, Wizz Air ((IATA) Code: W6, based at Budapest Ferenc Liszt International (BUD)) (WZZ) do not yet serve Russia and the United Arab Emirates (UAE).

February 2013: The slow demise of Ukrainian airline AeroSvit (UKA) is a ‘route un-development’ story also encompassing its partners Donbassaero (UDC) and Dniproavia (UDN) (all owned by the same Ukrainian billionaire, Ihor Kolomoisky, who also owned the now defunct Cimber Sterling (STR), Skyways and City Airline).

National carrier Ukraine International Airlines (UKR) has rushed in to rescue passengers and help plug the route gaps: (UKR) has already set-up 27 new or replacement routes ready to start in 2013. UTair Ukraine (UTN) also has three new services in the database, in addition to those from (UKR). However, Ukrainian consumers fear these solutions mean more of the same, and are looking for something fresh on the airline choice menu.

Enter Wizz Air Ukraine (WAU), the shining low-cost knight, and full subsidiary of the main originally Hungarian airline (WZZ) now based in Geneva (still with us??). As of April, Wizz Air Ukraine (WAU) will operate to 14 destinations from Kiev’s Zhulyany Airport* (a cheap secondary airport not to be confused with Kiev Boryspil), but it has been lobbying the Ukrainian authorities for route licenses on multiple destinations for years. Although the airline is still yet to receive an official “yes” to these demands, Wizz Air (WZZ) bosses see the AeroSvit (UKA) failure as an opportunity, although they question the Ukrainian government’s transparency. “I don’t want to challenge Ukraine legally, but there is obviously something unfair going on,” says Wizz Air Ukraine (WAU)’s boss, Ákos Bús. “We want to be considered as a fully-fledged Ukrainian carrier, because Wizz Air (WZZ) is ready to invest in the market heavily and what is happening now is a monopoly, which will result in fewer travellers.”

*A comment from Martin Nunn (a reader of the above statement), replied: "Zhuliany is less than 15 minutes from the city center, has brand new facilities and an almost 100% baggage security record. Hardly a cheap secondary airport.

Given the choice, most passengers would rather fly from Zhuliany because Boryspil is too far out, too expensive (sometimes the taxi fare to the airport is more than the cost of the airline ticket) and you practically need to put your baggage in a safe to stop it being raided.

As for cheap, Ukrainian airports on par are ridiculously expensive when compared to European counterparts and fuel is up to $200 a ton more expensive, so no wonder so few international carriers think its worth it and the airport authorities only have themselves to blame."

SEE ATTACHED - - "WAU-ROUTE MAP - 2013-02."
A total of 20 new routes from Kiev Zhulyany have been proposed, 19 of which were previously served by AeroSvit (UKA), and half to new destinations outside of both Wizz Air (WZZ) and Wizz Air Ukraine (WAU)’s current portfolio. Unsurprisingly, it is (WAU)’s plans to fly to Moscow, St Petersburg and Dubai that are receiving the most interest, as the airline does not currently fly to either Russia or the (UAE). If these plans come to fruition, Wizz Air (WZZ) would be following in easyJet (EZY)’s footsteps by launching low-cost flights to Russia, with the UK airline’s new services from London Gatwick and Manchester starting this March. However, unlike easyJet (EZY), which is flying to Moscow Domodedevo, (WZZ) is talking to Moscow’s Vnukovo and Sheremetyevo airports with regards to its establishing its Moscow home.

While serving Dubai and Russia have grabbed the headlines, services to cities like Astana, Chisinau (notably not served by AeroSvit (UKA) in the last two summer seasons), Yerevan, Baku and Minsk would represent entirely new destinations and country markets for Wizz Air (WZZ). Operations to Istanbul and Batumi would also be new destinations, but not new country markets, as Wizz Air Ukraine (WAU) will fly to the southern Turkish resort of Antalya from Kiev Zhulyany twice-weekly and Kutaisa (Georgia) five-weekly from this summer.

These new points on the Wizz Air (WZZ) route map will have airports in its current 16-base network licking their respective route development lips – as the low-cost carrier (LCC), like most of its peers, will no doubt start looking to ‘join the dots’ by linking the existing bases to its new destinations. Seven of its existing bases currently have no services to any of the 10 new destinations being suggested by Wizz Air (WZZ), with airports like Warsaw and Prague being the best served, having six of the 10 points already covered. With flag carriers operating on many of these routes, some of the airports will be hoping Wizz Air (WZZ) will give them a chance to stimulate sleepy markets with low-cost competition.

Wizz Air Ukraine (WAU) boss, Akos Bús suggested that if (WAU)’s applications are granted, the airline would increase its fleet to eight airplanes over the next three years. If Wizz Air (WZZ) were to match AeroSvit (UKS)’s frequencies on the 20 routes and, assuming the airplanes operate the low-cost standard of three flights per day each, the 128 weekly frequencies would indeed require six further based airplanes, in addition to the two which are currently registered to Wizz Air Ukraine (WAU) and based at Kiev. Airplane number three will arrive in Kiev by end-March, with another scheduled to start flying from Kiev Zhulyany in July, allowing the carrier to carry 1.3 million annual passengers.

Wizz Air (WZZ) expects to receive a response from Ukraine’s aviation authorities soon. “We are talking about weeks,” Bús said. However, the airline may still get frustrated by bureaucrats at the other end of the route, having just this week been asked to submit additional information to the Russian Transport Ministry for its planned Budapest - Moscow route. Wizz Air (WZZ) was already granted traffic rights from the Hungarian end last autumn, following last year’s demise of national carrier Malév (HGA), but as of now it is still waiting to gain access. Clearly these are frustrating times for a low-cost carrier (LCC) used to quickly starting up flights across liberalized (EU) markets. But what is clear, is that its plans from Kiev Zhulyany are giving us some clues as to where Wizz Air (WZZ)’s sights are being set for future route growth: East!

March 2013: The European Investment Bank (EIB) has agreed to provide a €41 million loan to modernize and upgrade Ukraine’s air navigation system. The loan will finance a program implemented by the Ukrainian State Air Traffic Service Enterprise, to be implemented at various airport sites and in remote locations throughout Ukraine.

The project will replace and upgrade surveillance infrastructure, air traffic management (ATM) systems, communications and navigation systems. It will also finance the construction of aerodrome control towers. “The (EIB) funds will contribute to safer and more efficient air navigation in Eastern Europe for the benefit of Ukraine as well as its partners in the European Union,” (EIB) VP, Anton Rop said.

Including the current loan, the (EIB) has provided €1.9 billion in loans to Ukraine.

Wizz Air Ukraine (WAU), the leading Ukrainian low-cost carrier (LCC), has taken delivery of an A320 airplane equipped with Sharklet fuel saving wing tip devices, becoming the first Ukrainian carrier to do so.

April 2013: Wizz Air Ukraine (WAU) increased its presence in Kutaisi (KUT), Georgia’s second-largest city, on 23 April, when it launched services on the 750 km route to Donetsk (DOK) in eastern Ukraine. (WAU), which already offers daily flights to Kiev Boryspil, now markets twice-weekly departures on the newly-launched route. Kutaisi is possibly best known as the birthplace of multi-million selling UK-based recording artist, Katie Melua, although she’s apparently more into bicycles and sailboats than aeroplanes.

May 2013: Several Ukrainian carriers (including Wizz Air Ukraine (WAU), UTair-Ukraine (UTN), and Air Onix (ONX)) have received permission to operate routes in Ukraine and Russia.

July 2013: Wizz Air Ukraine (WAU), which last week announced its new base in Donetsk, inaugurated services on its third route from the Ukraine to Kutaisi (KUT) in Georgia on July 1. (WAU), which already operates to Kutaisi from Kiev Zhulyany (daily) and Donetsk (twice-weekly), offers twice-weekly schedule on the newly launched route from Kharkiv (HRK). A320s are deployed to operate the service.

Wizz Air Ukraine (WAU) grew its offering from Donetsk (DOK) in eastern Ukraine, as it made Dortmund (DTM) the second destination it serves from the airport. In addition, (WAU) added two new destinations from its Kiev Zhulyany (IEV) base and now serves the capitals of Lithuania and Bulgaria with four- and thrice-weekly frequencies respectively. These last two routes are relatively unusual for Wizz Air (WAU), as they link two designated bases together:

On July 6th, Donetsk (DOK) to Dortmund (DTM), 2x weekly; and Kiev Zhulyany (IEV) to Sofia (SOF), 3x weekly, plus July 5th, (IEV) to Vilnius (VNO), 4x weekly, vs UTAir Ukraine (UTN), 3x weekly.

October 2013: Wizz Air Ukraine (WAU) has commenced four new routes between October 1 - 4 from Donetsk (DOK). The new services were announced back on June 26th 2013 along with the news of its second Ukrainian base. They include:
* October 1st, Donetsk (DOK) to Milan Bergamo (BGY), 3x weekly, Tuesdays, Thursdays and Saturdays.
* October 2nd, (DOK) to London Luton (LTN), 2x weekly, Wednesdays and Sundays.
* October 2nd, (DOK) to Memmingen (FMM), 2x weekly, Wednesdays and Sundays.
* October 4th, (DOK) to Rome Fiumicino (FCO), 2x weekly, Mondays and Fridays.
All four with no competition.

Wizz Air Ukraine (WAU) will begin five new routes from Lviv: 2x-weekly, Barcelona Girona – Costa Brava Airport begins April 30; 2x-weekly, Naples, April 30; 3x-weekly Kutaisi (still subject to approval) begins May 1; 3x-weekly Rome, May 1, and 2x-weekly Valencia, on May 2.

November 2013: Wizz Air Ukraine (WAU) begins 2x-weekly, Donetsk - Larnaca on March 30, 2014.

April 2014: The continuing political unrest in Ukraine is affecting airline services both within the Eastern European nation and internationally. Due to the uncertainty and fluctuating levels of violence in the country, passenger traffic has been significantly reduced, with several European nations advising travelers against all but essential travel to certain regions.

In February, national carrier Ukraine International Airlines (UKR) said declining volumes of business and tourist traffic had forced it to reduce some frequencies; it reduced the number of weekly flights from 345 to 305. This spare capacity was redeployed on several new routes or enhanced frequencies on others from its Kiev hub, to destinations such as Chisinau, Minsk, London and New York. Some cancellations continued throughout March and, on the last day of the month, (UKR) announced it was halting all services between Kiev and the Crimean capital of Simferopol until at least June 26. Given the de facto accession of Crimea to Russia (and the continuing tension between Kiev and Moscow), it is unknown when, or if, (UKR) flights to Simferopol will resume.

Meanwhile, low-cost carrier (LCC) Wizz Air Ukraine (WAU) announced that it is further optimizing its services due to continued low demand for its Ukrainian services and the country’s weakening currency. Plans to open a new base at Lviv, scheduled for April 30, have been deferred indefinitely. Six new routes (scheduled to start operating from the western Ukrainian city to Barcelona Girona, Naples, Kutaisi (Georgia), Tel Aviv, Rome Fiumicino and Valencia) have been temporarily suspended. Existing Lviv services to Dortmund, Milan and Venice Treviso will continue to operate. Two services from Kiev — to Sofia and Vilnius, and the Kharkov - Kutaisi route have also been temporarily suspended. “We observe a significant drop in demand for travel on Ukraine routes and we hope these changes in travel behavior are temporary and will return to normal when consumer confidence is restored,” Wizz Air Ukraine (WAU) Director General, Akos Bus said. “Meanwhile, we must react by adjusting our network offer and capacity. As soon as we see demand which supports additional growth, we will proceed with appropriate capacity enhancements. We aim to restore our original growth plan as soon as possible.”

May 2014: Ukrainian aviation authorities have banned flights to republics in Russia’s North Caucasus due to continuing political instability.

The "ITAR-TASS" news agency said the list of closed regions to Ukrainian carriers includes Chechnya, Ingushetia, Dagestan, Kabardino-Balkaria, Karachaevo-Cherkessia, and North Ossetia. Flights to these republics will be possible only after additional negotiations with the State Aviation Administration of Ukraine’s security department.

Authorities have also banned flights to former Georgian republics of Abkhazia and South Ossetia. Carriers will be able to operate flights to that region only if they have United Nations (UN) contracts.

At the beginning of May, Russia’s Federal Air Transport Agency, Rosaviatsia, said Ukrainian authorities banned flights by Russian airlines to Ukraine’s eastern cities of Donetsk and Kharkiv. Rosaviatsia had said it would not implement similar measures, but on May 12, Russia’s aviation administration said it was reconsidering whether to take action.

August 2014: Wizz Air Ukraine (WAU) begins 3x-weekly, Kiev - Moscow (VKO) Airbus A320 service on September 30.

April 2015: Central European budget carrier, Wizz Air (WZZ) is dissolving its Ukrainian subsidiary, Wizz Air Ukraine (WAU) and reducing its operations to the conflict-riven country.

Wizz Air Ukraine Airlines (WAU) (which has had two Airbus A320s stationed in Kiev) "will discontinue operations on its 16 Ukrainian routes," said the Budapest-headquartered group. The mainline (WZZ) will instead establish a base in the Ukrainian capital and continue operations with one of the two airplanes.

The other is to be transferred to the airline's base in the Slovakian city of Kosice, where it is to be deployed on new routes to Bergamo in Italy and Doncaster in the UK from early June.

(WZZ) plans to operate eight routes from Kiev, half of them to German cities: Cologne, Dortmund, Lubeck, and Memmingen. It will also serve Budapest, Katowice in Poland, Larnaca in Cyprus, and London Luton.

Existing routes from Kiev to Barcelona, Bergamo, Kutaisi, Moscow, Naples, Valencia, and Treviso will be discontinued. Operations in Lviv will be closed down altogether. From that city, in Ukraine's western region, (WZZ) has served Bergamo, Naples and, Treviso.

Last year, (WAU) already reduced its Ukrainian operations as a result of that country's political crisis. (WZZ) said it "stands ready for expansion as and when market conditions improve."

The closure of its Ukrainian division will not have a "material effect" on the group's trading this year, (WZZ) said. Its financial year ends on March 31st. Revenue and profit will be in line with expectations, said (WZZ).

Wizz Air (WZZ) transported 16.5 million passengers over 12 months through March 31, up +17% year-on-year; load factor rose +1 point to 86.7% LF during that period.

(WZZ) will open its 21st base in Lublin (Poland) with one new A320 from September 14.

Fleet:
(definitions)

Click below for photos:
WAU-A320 - WITH SHARKLETS - 2013-03
WAU-A320-232 - WITH SHARKLETS - 2013-10

April 2015:

4 A320-232 (V2527-A5) (3531, /08 UR-WUA; 3741, /08 UR-WUB, 2008-12; 5539, UR-WRC, 2013-06), (GEF) LST (WZZ) 2008-12 FOR WIZZ AIR UKRAINE (WAU) OPS. 1ST DELIVERY WITH SHARKLETS (2013-03). 180Y.

Management:
(definitions)

Click below for photos:
WAU-1-AKOS BUS - 2013-03
WAU-1-AKOS BUS - AMY HANNA

JYZSEF VARADI, CHIEF EXECUTIVE OFFICER (CEO).

AKOS BUS, DIRECTOR GENERAL.
October 2013: "30-Second Interview" by anna.aero's Amy Hanna.
Being the new kid on the block is always tough, but when this is coupled with a more restrictive operating environment than you are used to (dealing with bilaterals, rather than the freedoms you are used to in the (EU)), then it is even harder. Add in poor economic conditions and you have a clear impression of what Akos Bus, Director General for Wizz Air Ukraine (WAU) has to deal with on a daily basis since the (ULCC) set-up camp in Kiev in 2008. But the market conditions are beginning to improve, and the Ukrainian authorities seem to have realised that this upstart is not going to go away and it may as well work with it (so anna.aero finds out what’s next on the agenda for Akos Bus).
anna.aero: Wizz Air Ukraine (WAU) currently has four airplanes (including the additional unit introduced for the Donetsk base opening in October). There were plans to expand the fleet to eight in the next couple of years. Is this still the aim?
Akos Bus: When we started life here in Ukraine in 2008, we definitely planned to have a more aggressive growth path, but the timing of our start-up was at one of the worst times ever because it was just before the local currency (hryvnia) collapsed, and when the recession started all through Europe. So we didn’t grow at the level we expected. Since 2012, we decided to grow because we saw some positive signs both on the regulatory side and in terms of market demand. So that’s why we are adding one airplane to our Kiev base [up to three] in 2013, as well as adding a fourth airplanet, based in Donetsk as of October 1st. And regarding future growth, we are trying to get back to our original plan, so we are presently focusing on analysing the situation to see how we can add further airplanes.
aa: Where will the focus of this growth be?
AB: The focus is on Kiev. Everyone knows it is congested and there are two airports in the city, but it’s the strongest market in Ukraine. But our growth is also defined by regulatory matters, as Ukraine is not really a liberalized market, so each and every route needs a so-called ‘designation’ based on the bilateral agreements between the two countries. Of course, it’s more difficult to get route designations out of Kiev, so this is why we opened up our Donetsk base, as we could achieve some good designation from there.
aa: And speaking of liberalization, how are bilateral talks progressing on gaining access to Russia from Ukraine?
AB: I don’t know how it is going between the two governments at the moment, but basically it is almost a liberalized market. They have increased the number of frequencies on the route, which is most in demand, Kiev - Moscow, so there is no frequency limitation and no limitation of the number of carriers that can be designated on this route. So it’s sort of liberalized.
aa: More specifically then, are you looking at establishing links to St Petersburg, Moscow, and Tel Aviv?
AB: These are routes that we are targeting to open up out of Kiev and eventually out of Ukrainian regional airports, if it’s possible. We received designations from the Ukrainian side to Moscow and Pulkovo, and we are now in the process of getting the approval from the Russian side. As soon as that is done, then we will definitely start these two routes. Tel Aviv is a different story. We keep requesting [access], and have for a long time, but we haven’t got Tel Aviv from any Ukrainian airports so far. I don’t know if there’s any bilateral talks about lifting these kinds of restrictions or not, but we’ll keep asking. So as soon as the window opens up, then we’ll try to jump in.
aa: On the subject of liberalization: – you’ve said in the past that there is something of a monopoly within the Ukraine, with Ukraine International Airlines (UKR) getting favorable treatment. What opportunities are there for you, and is that looking to change?
AB: Actually, there have been some small changes following the collapse of AeroSvit (UKA) earlier this year, but we saw that the real good markets, real A-Category designations have been transferred to Ukraine International (UKR). So from day one, I was saying that there have been two monopolistic groups of airlines, AeroSvit (UKA) and Ukraine International (UKR), but now there is just one: – Ukraine International (UKR). But I have to tell the positive side as well, which is that we received some designations, which has allowed us to grow: – so we could get our foot in the door.
But I expect much more, and we believe that we are the best in terms of performance and delivering all the (KPI)s. Basically, we are the only (LCC) in Ukraine, but we are a Ukrainian carrier so we expect equal treatment from the Ukrainian authorities.
aa: With Kiev and Donetsk now bases, are there any plans to upgrade Lviv and Kharkov to base status?
AB: We are considering these options, as well as other regional airports like Odessa, and we are also considering some international routes in W patterns. We will not re-enter the domestic market. We tried it in 2008 - 2009, but we came to the conclusion that it’s not for us. With our single type fleet [180-seat A320] it’s just too big for domestic routes.
aa: With regards to introducing Lviv and Kharkov as bases, what obstacles are in the way of you establishing those, or are you just waiting for the opportune moment?
AB: The two biggest obstacles are [bilateral] designations and airport costs, and the third is the fuel costs (which is expensive all over Ukraine). Airport costs are much more expensive than the average in Western Europe. But, in this respect there was a big step taken by the administration earlier this year, giving authority to the local airport management to give massive discounts (and airports have started to use this flexibility that has been given to them).
aa: You are starting Dubai World Central (DWC) from Kiev in October, but flydubai (FDB) started Kiev Zhulyany from Dubai in September (it already operates Kiev Borispil to Dubai) and Emirates (EAD) starts flights from Dubai to Kiev Borispil in January. How do you plan to cope with that level of competition?
AB: Competition is always something that an airline needs to deal with, and we are used to doing it. We consider this as a valuable designation, and a valuable route out of Kiev, so we will see what will happen. If I just take into consideration that our cost base is much (much, much) lower than any of those airlines mentioned (even those which call themselves low-cost carriers (LCC) they are far from our cost base. On this basis, we have nothing to worry about, and we do not plan to abandon this route.
aa: Do you think they are trying to scare you off from (DWC). Is this a competitive tactic?
AB: It could be. But I don’t expect Emirates (EAD) to react heavily, but let’s see. We have a strong tool (which is price) and offering good prices to a market where we are still above our costs, while the competitors are much below their cost level, we have a winning position. So let’s see what will happen, but answering your question, we do not want to leave this route!

DIEDERIK PEN, CHIEF OPERATING OFFICER (COO).

 
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