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Wizz Air Abu Dhabi navigates delays and expansions since its inception

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Wizz Air Abu Dhabi navigates delays and expansions since its inception
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Webp alsuwaidi
Hassan Alsuwaidi, CEO of ADQ | ADQ Website

Wizz Air Abu Dhabi, a joint venture between Hungary-based Wizz Air and Abu Dhabi Developmental Holding Company (ADQ), has experienced significant changes since its launch in January 2021. Initially planned for fall 2020, the launch was delayed due to the COVID-19 pandemic. The airline eventually began operations with flights from Abu Dhabi to Athens on January 15, 2021.

The subsidiary aimed to provide low fares and a high-quality onboard experience across various regions, including Europe, the Middle East, Asia, and Africa. Mohamed Hassan Alsuwaidi, CEO of ADQ, emphasized tourism's importance in Abu Dhabi’s growth strategy: “Tourism is a high priority in Abu Dhabi’s growth strategy. Significant investment is going not only into our airports but also the tourist infrastructure, including hotels, resorts, and cultural attractions.”

Wizz Air's initial plans involved basing two Airbus A321neo aircraft at Abu Dhabi Zayed International Airport with six routes. However, due to pandemic-related travel limitations, the launch was postponed until January 2021.

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In its first year of operation, Wizz Air Abu Dhabi expanded quickly despite challenges. By March 2021, it served six destinations and continued to grow throughout the year. Despite this expansion, the airline ended FY2020/2021 with a loss of €13.2 million.

The following years saw further growth in fleet size and network reach. In 2022 alone, capacity increased by over 200%, although losses deepened to €40.2 million by FY2022/2023. Despite financial setbacks across the group due to rising operational expenses and supply chain issues as noted by Chairman William Franke, Wizz Air Abu Dhabi added ten new destinations in June 2023.

Financial performance improved slightly in FY2023/2024 with revenues growing to €225 million; however, losses persisted at €35.6 million.

By 2024 and into early 2025, growth slowed down as some aircraft were moved back under Hungarian registration while others were repositioned within the group’s different branches. Johan Eidhagen from Wizz Air Abu Dhabi stated that their focus shifted towards better utilization of existing fleets rather than expanding them: “You can’t always just grow,” he remarked during an interview with Arabian Gulf Business Insight (AGBI). He identified India and Pakistan as key markets for future expansion pending regulatory approvals.

Organizations Included in this History
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