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PHOTOS: Mesmerising Wizz Air plane connects Budapest with Paris, CEO may get historic £100M bonus – Daily News Hungary

June 1, 2024
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PHOTOS: Mesmerising Wizz Air plane connects Budapest with Paris, CEO may get historic £100M bonus – Daily News Hungary

by Robert Van Pash (Editor)
June 1, 2024
in Wizz Air
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A unique Wizz Air plane will carry the Hungarian athletes to Paris. The new aircraft was inaugurated at a joint press conference of the low-cost company and the Hungarian Olympic Committee.

According to Utazómajom, a Hungarian travel news media outlet, flights between Budapest Airport and Paris-Orly from 30 May will carry the Hungarian athletes to the Games of the XXXIII Olympiad in France. The Hungarian budget airline signed the relevant cooperation agreement with the Hungarian Olympic Committee (MOB) in February. Wizz Air became the official partner of MOB and is committed to carrying the athletes to Paris in time and offering the highest possible comfort for them during their journey.

Interestingly, the Hungarian athletes competing in the summer Olympic games will travel on scheduled flights. Therefore, you can meet them even during your flight to the French capital or back. The aircraft’s name is “Team Hungary” and has a unique, golden colouring.

Photo: FB/Budflyer

The team’s current number is 161, which will grow in the next few weeks and may reach even 190 with new members and backups, MOB chairman Zsolt Gyulay said. He added they were proud to exceed the team’s number travelling to Tokyo for the 2020 Olympics (organised in 2021 due to the COVID-19 pandemic). Mr Gyulay said other nations had an Olympic aircraft before. Now, Hungarian athletes can feel how important they are and how many people support them in their struggle to become the world’s best. The chairman thanked Wizz Air for their commitment.

Wizz Air Team Hungary

Photo: FB/Budflyer

Hungarians proud of Olympic team, Olympic Committee proud of Wizz Air

Dr. Ádám Schmidt, the secretary responsible for sport, said it is a historic development that the Hungarian team can travel to the Olympics’ venue with their uniquely designed, exclusive aircraft.

Wizz Air’s team and a team of engineers worked for two months on the design of the jet. The aircraft’s outlook was generated with software designed only for that purpose, while implementation took one week.

The Airbus plane arrived from Hamburg this spring and was built using the latest technology. Roland Tischner, the operation leader of the company, said they were committed to making the journey comfortable for each athlete and passenger.

Here are some more photos of the new plane:

Wizz Air CEO: everybody will profit from his GBP 100 million bonus

Wizz CEO József Váradi gave an interview to City A.M. and talked about the “incredible” bonus he gets provided Wizz Air’s share price hits GBP 120 before 2028. That would mean the creation of around GBP 10 billion in shareholder amount. Now, the share price stands at GBP 21, so there is much work to do, but the scheme provoked criticism last year. We detailed the issue in THIS article.

József Váradi Wizz Air CEO Hungary

Wizz Air CEO József Váradi. Photo: FB/Budflyer

But Váradi said he would get only 1% of that shareholder amount as a bonus. A bank would get more, he insisted in the interview. Furthermore, he highlighted that they “have a holistic approach that remunerates not only the chief executive but leadership, management of the company, as well as all the employees. So that all kind of cascades down every employee of the company… everyone benefits from a scheme like this.”

The payout will be the biggest in the London Stock Exchange’s history.

Read also:

  • Hungarian Wizz Air landed in India for the first time – Read more HERE
  • 2 Wizz-planes made emergency landings in Budapest, airline to miss at least 50 aircraft in 2024

Read further.

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