Wizz Air became the best low-cost airline company of the year

Turizmus.com reports that Wizz Air was chosen 2016’s Low-Cost Airline at the summit of the Centre for Aviation (CAPA), which is the independent provider of aviation market information and analyses.

The summit was held in Amsterdam on October 26-28, and it was October 27 when József Váradi, CEO of Wizz Air received the award. The CAPA appreciates airlines and airports which are successful and apply strategies that can serve as examples worth to follow.

For the award, first, companies get nominated, then the independent analysts of CAPA and Heidrick & Struggles check and sort the nominees. Eventually, the winners are chosen by an independent and global jury.

Wizz Air could win the title of 2016’s Low-Cost Airline because it performed excellently from a strategic point of view during the year, and had the biggest effect on the industry’s development. Furthermore, it acted as a leader and set the bar for the rival companies.

The jury appreciated the airline’s permanent high-quality performance and quick expansion in a difficult region. The previous financial year, for example, brought a 20% capacity growth for the company.