Wizz Air: Impact on Airline Industry and Global Economy

This document discusses the impact of Wizz Air on the airline industry and global economy. It explores the company's low-cost business model and expansion plans. It also examines the influence of political factors and globalisation on Wizz Air. The document provides insights into the company's role in the global economy.

Wizz AIR

Table of Contents
INTRODUCTION...........................................................................................................................3
COMPANY.....................................................................................................................................3
AIRLINE INDUSTRY CONSEQUENCES....................................................................................4
GLOBAL ECONOMY....................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................1

INTRODUCTION
Wizz Air is making a milestone any carrier area as there are such countless freedoms the
organization is searching for to extend their own business and their specific objections and they
are likewise dedicated to their minimal expense base and the different European locales and
significantly affect the economy so it gives out the optional every one of the essential every one
of the territorial air terminals that are totally connected with the minimal expense framework and
their apprehensions and the dealings additionally develop extraordinary organization for
transformation of more air terminals all through the country while organization is additionally
wanting to grow its business as far as flight tasks that will upgraded the Airways in a superior
way. (Klophaus, 2019)
It's a company which looks up for the new destinations and also provide some air for transport
facility in a low-cost manner and they are also committed for their low cost based system in
almost speed cover the European regions and has a very important impact on the economy of a
country so they usually provide the service in a way of primary or the secondary services and
they are so much under customer process as they think of that customer is the basic part for an
asset through which they can easily earn their funds so they are building a network of operations
at their airport coverage and also provided sustainable environment and exist in inclusive
manner.
COMPANY
At one point of time there was a day when with air company was completely damaged its airline
system but due to some certain circumstances the light movement was raised by their own team
and it was as per passenger emission kind of level was there and the per capita additional
requirement was up to by 2030 so the company said it would completely reduce the particular
amount to approx. 30% by upcoming years and it will just and by 2030 so we share also contain
various types of inefficient airlines such as Lufthansa or any other which are completely offering
their classes.
There are various type of incidents already happened to completely protect the environment till
protection of this company as it's a european-based airlines and one year just in November 2020
the CO2 emission per passenger per share the lowest rate at this particular reducing their

Remington foot print kind of things but as a part of their own strategy till the flight face kind of
take off and they obviously landed with a controlled monitored maximum optimisation
production techniques and which gives the exact reduced reduction in CO2 emissions which is
completely a good thing for a company and it also protects environment.
The company has already been established their own criticising system as their business
environment is going rapidly in a good way as they have a good thing to do with many type of
different technological sectors which are in doubt with their airlines and kind of Airbus and sort
of incidents already happened but they have made their environment which create a business
opportunity and they also give various type of placement services to the needy ones and they
always brand top in their own country which gives the better sustainable and viable and in their
business model. (Tsafarakis, 2018)
It is one of the largest airlines that is headquartered at Budapest and they have their own
destinations which met through the Middle East area and also the North Africa area and apart
from this they have a long base chain parent company that is called as their holdings that is
completely linked with the other constituent of airline sector and our largest base at their
Budapest airport or so but there are so many other things in the fleet size they have 39 including
various type of subsidiaries.
Apart from this they have 150 across destination point and also there yeah obviously they have
like revenue of so much of money to have generated through the airline sector by running their
own company and I have so And Europe continent and in Abu Dhabi they have their small
subsidiary branches which is currently being operating there and which are completely indoors
with providing so many technological services as well as economical services and they are doing
good form for the people of country and besides that they have also been indulged with so many
other sub units so that they can easily earn the market revenue from their market place. (Nenem,
2020)
AIRLINE INDUSTRY CONSEQUENCES
Airline industry like Wizz Air is always linked with the political factors as it's operating their
own business in different countries so it's very natural to have a political relations and it's very
essential to maintain them also as they are referring various type of government interventions
that obviously may hinder their operations of transporting of passengers or sometimes goods and
sometimes also they are hindering their services so many operations is completely regulated by

one political atmosphere in a completely linked market so the business environment is also
regulated by their own market so there is a need of protection of interest that is to maintain the
airline operations so to survive for this company. (Lijesen and Behrens, 2017)
They have endorsed with so many operative things that are necessary for opting the complete
political system so far a sort of political factors that the company maintain the maintaining their
relationships as the first most is the trade in the international level that is showing the global
economy and obviously that is necessary for the growth of global economical point of view and
there are various places in the world that is extensively a call comes in the area of government
restrictions and also there they expand their foreign markets to different countries.
Pestel frame work importance
Basically there are many ways to tackle of the things which is happening in the airline industry
and in which this company plays a critical role through which one can easily criticize or can
easily count merit of a company that is completely rely over for airline passengers so for that
there is a pestle analysis through which is managing their political affairs among global levels as
there are many politicians who are indoors with the operations that are on going through the
native countries two different ones so it's a better form that company is arranging for them in a
better way apart from that there is a economic factor in which company is building its domain
and acting as a business tool. So social factors are always an asset at global level for a company
and that is linked with technological part of analysis as everything is going online and law
making bodies are there to mitigate the hindrances that comes under company domain but the
most important is environmental one that needs to be addressed in a particular level which
compiles the analytical report of company module.
Here like they are just being a trend trader all the trading partners with them so apart from this
they have the internet so they have also been endowed with so many agreements between
countries and in the other situation they have the provisions to conduct a successful business and
they are doing also so there are so many pending political factor exist but due to some certain
points they are just come up with the entire sector and the next one is the policy related with the
tax so it obviously depends from one market to the another and they have countries who pay
more taxes than others so there is a competition commission that organisation always risk and on
the other hand the tax policies is also linked with the business and profitability ratios.

There are so many growth factors which are included in this section but competition has so
much higher and there are so many smart players who are indulged with the airline sector
industry to so they are just becoming the part of obstacle in their part and there are so many
activities of political is also existed that obviously hinder the airline operations so formulating
such laws such as a dig regulation law which is completely lifted all limitations of airfares all the
airlines as a political move they have been begun with the industry which have a call high level
of competition and moreover they have low-cost in the market and also been expected with the
same.
When comes to the topic of regulation or compliance system the airline system has almost been
changed with their own rules and through which the government just impose their own
functioning criteria like private sector half to two days and have to do that so there are
sustainability environment which is created by their own norms.
Its responsible for various type of labour laws of social responsibility factor and many more for
the ease of doing business okay so government often initiated sort of changes related with the
rise of the airlines sectors that obviously include the Pestle framework that will obviously
enhance the supply chain management system and other supporting business to so other apart
from this there a political climate that includes the taxation.
Sometimes they tend to be negative also but obviously tried with some other business the
regions expansion and experiencing substantial weight is a great thing in a country to grow up
with so it's a part like why political system is kind of changing their own norms so there are
subsequent uncertainty is always exist if one can talk about the about the brief of international
application of company their politics on business is easily thrown up and get easily portrayed
also they have the global nature of modern type of businesses.
They are dealing and increasingly interconnected with so many supply chains apart from this
business owners always change with the domestic politics and so many disputes it's also their
disputes always create Power and their private entity but airline system is always in a power as
they have a strong business capacity and they are running their own business ideas so apart from
that there are certain things which could be negatively affect as already mentioned and there are
various type of things that can obviously enhance the airline system in a positive way which
includes the profit margins of company and obviously a big tax cuts of the company and the

supply chain management will get in and boost up to which they have maintained their on a
mission framework.
Airline industry always deal with such impactful regulations which could be easily get tackled by
dear on reading ways so there are many factors which can easily categorised and easily get
affected by their political members such as their trade policies the competition ratio and
obviously their international trade system as part of being politically in active in a stage of
Aviation feel there are so many certain rules which are always existed in form of various other
ways which could easily get affected by their own members like the company has always started
their functioning and their mechanism working and that particular company is being harassed by
different political means.
So it meant like political members always keen to develop their own strategies to manipulate the
situation and to hinder the globalisation that is happening for the airline industry and in the case
of airways there are globalisation techniques which has industry all obviously adopted to
mitigate the things which are politically imbalanced and their air travel is also been increased by
mitigating such situations and they are focusing on the globalisation part so they are so much of
benefit and they provided the same services to their customers which completely linked with the
network airlines all the airport system all the air traffic management and supply chain
management systems over various type of cities. (Alderighi and Gaggero, 2018)
GLOBAL ECONOMY
In airline industry the global economy is completely related with the macroeconomics of sector
which are interesting in providing services to the customers and maintaining their own
management system so for the institute were operating their own finds the government has
created so many standards or like guidelines who can Leverage out various concepts all the
theories through which the policies are drained off so if the there is a matter of impactful forecast
system which is completely linked to the airline system then it could easily affected by their
emerging forecast to west which is exactly an attempt to provide an economy as a complete thing
but there are several other factors all the indicators that provides support and are very effective in
providing services to their customers.
In the market places and there are also other factors which can disrupt the business and their
market sectors so ongoing basis there are so many theories which are related with the different
systems in the airlines industry so apart from this there are so many recommended is in

specialisations exist that can overview the understanding or the overview of national all the
international economic environment system which completely relate with the conditions of the
potential effects on of policies which are easily portrayed by their own government and also
interpret various policies and understand the market values so these all places are very critical
role in a part of case studies. (Ibañez-Justicia, 2017)
In airline sector globalisation has played a very critical role in maintaining the environment
which is suitable for the smooth operations of airline industry and also giving services to the
customer in a very smooth way so there are so many positive factors that include the enhanced
transport of goods exactly increase by their habitat destruction all the invasive species
destruction and apart from this they are economic and specialisation techniques that industry
with the illegal deforestation or the various type of overfishing in that coastal areas so apart from
this a decreased biodiversity is a very negative impact of this globalisation technique there are
increased awareness is a kind of positive and that of fact System and also boost international
trade.
According to the environment there are various wildlife has who has recently published a report
which can easily categorised the planet standard as globalisation has completely decrease the
biodiversity system and there are various factors and destruction also took place but the role of
business is completely covered and they are achieving their own success rates in different
countries so that globalisation is feasible for many of them and the government and the
governing meant bodies are always rely on the same. (Dobruszkes, 2019)
CONCLUSION
Organization is making a milestone in so many carrier area as there are such countless freedoms
the organization is searching for to grow their own business and their specific objections and
they are likewise dedicated to their minimal expense base and the different European locales and
vitally affect the economy so give the optional every one of the essential every one of the
provincial air terminals that are totally connected with the minimal expense framework and their
apprehensions and the arrangements additionally develop extraordinary organization for
transformation of more air terminals all through the country. The company is focusing on various
other sectors that are attached with other firms that are working in other domains, so this will
help company to build the best strategy in Airline market.

REFERENCES
Books and journals
Dobruszkes and Wang, 2019. Developing a low-cost airline in a semi-protected regime:
Comparing China to Europe and the US. Journal of transport geography. 77. pp.48-58.
Ibañez-Justicia and et.al, 2017. The first detected airline introductions of yellow fever
mosquitoes (Aedes aegypti) to Europe, at Schiphol International airport, the Netherlands.
Parasites & vectors. 10(1). pp.1-9.
Alderighi and Gaggero, 2018. Flight cancellations and airline alliances: Empirical evidence from
Europe. Transportation Research Part E: Logistics and Transportation Review. 116. pp.90-
101.
Sinha, 2019. Deregulation and liberalisation of the airline industry: Asia, Europe, North America
and Oceania. Routledge.
Klophaus and Fichert, 2019. From low-cost carriers to network carriers without legacy?
Evolving airline business models in Europe. In Airline Economics in Europe. Emerald
Publishing Limited.
Park and et.al, 2019. Determinants of customer satisfaction with airline services: An analysis of
customer feedback big data. Journal of Retailing and Consumer Services. 51. pp.186-190.
Lijesen and Behrens, 2017. The spatial scope of airline competition. Transportation Research
Part E: Logistics and Transportation Review. 99. pp.1-13.
Nenem and et.al, 2020. Airline schedule and network competitiveness: A consumer-centric
approach for business travel. Annals of Tourism Research. 80. p.102822.
Thelle and la Cour Sonne, 2018. Airport competition in Europe. Journal of Air Transport
Management. 67. pp.232-240.
Tsafarakis and et.al, 2018. A multiple criteria approach for airline passenger satisfaction
measurement and service quality improvement. Journal of Air Transport Management. 68.
pp.61-75.
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