Wizz Air plans to launch Russian subsidiary in 2014

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Low-cost operator Wizz Air is looking to set up a Moscow-based division to serve domestic routes in Russia.

The carrier has announced it will make a presentation on the project in Moscow this week.

Representatives of Sheremetyevo and Vnukovo airport authorities say it has already initiated preliminary talks with them.

Wizz Air intends to obtain an air operator's certificate for the subsidiary, to be based at one of Moscow airports, later this year.

It plans to begin scheduled services with three Airbus A320s on up to 15 domestic routes by the summer season of 2014.

The business plan for Wizz Air Russia envisages conducting between 2,500 and 2,700 flights over the first year, with passenger numbers reaching 750,000.