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Wizz Air plans to expand the all-you-can-fly subscription service it launched last month to "engage with its loyal customer base" and to further build its brand in all of its markets, its chief executive has said.
The airline is exploring offering an additional 60,000 passes within the next three months to travellers as part of its annual subscription scheme, Jozsef Varadi, Wizz Air's chief executive, told The National on Monday.
This comes after it issued 10,000 passes in August for “unlimited flights" to any destination on its route network that sold out within 24 hours.
"Clearly, the market reaction suggests that it was more popular than we thought. We just want to make sure that we execute this properly and this is what we are fine-tuning at the moment," Mr Varadi said.
"Once that platform is developed very shortly, we are going to expand that ... we are looking at possibly going for 60,000 annual passes once the expansion takes place. I would say this is probably in a couple of months or three months. That would cover our entire footprint, including the Middle East."
Wizz Air’s latest promotion invited travellers to pay €500 ($552) for 12 months of "unlimited flights to any destination on its network".
When these 10,000 passes sold out quickly, the airline put an additional 4,000 passes on sale for €600, an airline representative said. The Middle East’s share of these passes was about 20 per cent of the total, the representative said. The planned batch of 60,000 passes will also be sold for €600 each.
While the airline is seeking to "enhance engagement" with loyal customers, the subscription service also has its limitations, Mr Varadi said. "The product is offered to you with significant limitations: so you can only book three days before travelling and this is subject to availability. So it's not like you buy a very cheap pass and you do whatever you want with it," he said.
Wizz Air is also seeking to strike a balance between providing consumers with a fair deal and making money out of the scheme.
"You have to make sure that the limitations make sense to the consumer but that it also makes sense to the company, so that it's a win-win," Mr Varadi said.
"If you push the win over to the consumer, then this is just going to be losing money for the company. But if you kind of abuse your profit opportunity, then it's going to dissatisfy the consumer. So you have to strike the right balance and this is what we're trying to figure out. For us, it is about really enhancing the brand through consumer engagement to build loyalty even further."
Wizz Air, which bills itself as Europe's greenest airline, is introducing its flight subscription service at a time when environmental groups are condemning the global aviation sector's contribution to carbon dioxide emissions during a climate crisis.
Asked about the environmental concerns that the airline's latest promotion may raise, the chief executive said the scheme is helping to fill more airline seats to run full flights, which is more environmentally efficient.
"Think about this: what this product achieves is to fill the empty seats on airplanes, so as opposed to putting up another flight, I am actually creating more efficiency in the operation. So that's more sustainable because I still fly increased demand with the same aircraft. I am not adding another aircraft ... this is more sustainable," Mr Varadi said.
Travellers who purchased passes can now fly to destinations such as the Maldives, Iceland and Italy, with no routes excluded from the membership.
Wizz Air’s MultiPass, a 12-month subscription plan, allows subscribers to travel each month on eligible flights by paying a monthly fixed fee.
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
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German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
MATCH INFO
Day 2 at the Gabba
Australia 312-1
Warner 151 not out, Burns 97, Labuschagne 55 not out
Pakistan 240
Shafiq 76, Starc 4-52
UAE currency: the story behind the money in your pockets
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The currency conundrum
Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”
Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.
This is a race to the bottom, and everybody wants to be a winner.
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The White Lotus: Season three
Creator: Mike White
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Rating: 4.5/5