Connect with us

Hi, what are you looking for?

Stock

Wizz Air launches $550 ‘all you can fly’ annual subscription pass

LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air.

The annual “all you can fly” pass, which allows passengers to book one-way and roundtrip flights throughout the year, will be available for the introductory fee until Friday before the price rises to 599 euros.

Details on the airline’s website show passengers can book flights with “no limits” to any of its international destinations — including Athens, Greece, Madrid, Paris and Reykjavik, Iceland — up to three days before departure, with the booking window opening in September.

Each booking is subject to an additional flat fee of 9.99 euros and luggage beyond one personal item will be charged as extra.

The airline said it initially plans to release 10,000 “all you can fly” memberships, while FAQs on its website note that seats will be subject to availability, depending on “several external and internal factors.”

The launch follows similar subscription packages by U.S. carriers, such as Frontier Airlines, which last year announced a $599 unlimited Go Wild! pass for its North America routes.

However, while some European carriers offer multiflight bundles for a set fee, unlimited packages remain a novel concept on the Continent.

It comes as Wizz Air has seen its profits deteriorate and customer satisfaction wane amid wider pressure on the sector following the post-pandemic travel boom.

Earlier this month, the Hungarian airline reported a 44% drop in its first-quarter operating profit. Meantime, a customer satisfaction rating of 44% put it at the bottom of a February ranking of short-haul European carriers by consumer group Which?

CEO Jozsef Varadi told CNBC on the day of releasing its first-quarter results that supply constraints were impacting the company’s short-term outlook while inflationary pressures were weighing on consumer demand.

The airline, which already runs flights to the Maldives, Cairo and Dubai, United Arab Emirates, has previously said it is exploring new routes from Europe to India.

This post appeared first on NBC NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

    Investing

    ASX-listed Antilles Gold (ASX:AAU, OTCQB:ANTMF) is an Australian mining company focused on gold and copper projects in Cuba through joint ventures with the Cuban...

    Latest News

    A man accused of murdering his girlfriend in Boston before fleeing to Kenya has been re-arrested following his escape from a police station in...

    Latest News

    Slovakian police have charged a man in connection with the attempted assassination of Prime Minister Robert Fico, the country’s interior minister said Thursday. Fico...

    Disclaimer: Nationalfinancialnews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 nationalfinancialnews.com