Wizz Air sets its sight on battling it out with LOT

"Our target is five million passengers annually, that is when we will be able to compete with LOT," revealed Jozsef Varadi Wizz Air president. A large part of the carrier's success is due to the fact it has a significant share of the Polish market, the flights to which, according to Varadi, are already profitable. Currently four planes fly to Poland, with an additional one to join the fleet in October, with more to follow in 2006. Wizz Air representatives also announced plans to float the enterprise on a stock exchange in Central Europe. The bourse has not been selected yet. Meanwhile, low cost air carrier from Ireland, Ryanair, has quickly realized the significance of the Polish market and will launch an additional four connections to Poland. It will also add two new destinations in Poland. During the past two months Ryanair has serviced 20,000 passengers between Wrocław and Stansted, which means that its planes were 90% full. (Puls Biznesu, p. 13) A.K.