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☆ Four Seasons Gresham Palace: Secrets of the grandest Budapest hotel of them all
▼ + stars: | 2024-06-13 | by ( Nathan Kay | ) edition.cnn.com time to read: +8 min

Budapest CNN —For most of the last century, the story of the Gresham Palace closely mirrored that of the city in which it was built. This summer, the building – one of the finest examples of Art Nouveau design in Budapest – is celebrating two decades in its most recent incarnation, as the Four Seasons Gresham Palace, a luxury hotel with panoramic views of the mighty Danube river. Four Seasons Gresham Palace“Gresham Palace and its coffee house were famous among artists and collectors,” says Laszlovszky. “The Gresham Palace has been born again in wonderful unity, serving as a crown jewel of outstanding beauty that complements our magnificent Chain Bridge.”‘Extraordinary history’The palace was once a hangout for Budapest's intellectuals. Four Seasons Gresham PalaceSince its reopening in 2004, the Four Seasons Hotel Gresham Palace has provided visitors with a well-appointed sanctuary, offering 179 rooms and suites with panoramic views of the Danube or the cityscape.

Persons: Gresham, “, József Laszlovszky, – it’s, Zsigmond, Countess Irma Széchenyi, Thomas Gresham, József Vágó, Miksa Róth, ”, Pál, Béni, József, István Szőnyi, Gabor Kruppa, Miklós Szenkirályi, ” Szenkirályi, ” Thibaut Drege, what’s, Chef Árpád Győrffy, that’s Organizations: Budapest CNN, Gresham, Budapest –, Central European University, CNN, “, Gresham Life Assurance Company, Nouveau, Venezia Café, Four, CNN Travel, Europeans, d’Or, Hollywood Locations: Budapest, Hungarian, Buda, Pest, Óbuda, “ Buda, Gresham, Vienna, Paris, d’Or Hungary

☆ Wizz Air forecasts higher earnings, swings to annual profit after 3 years
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: +1 min

An Airbus A321-231 from Wizz Air is taking off from Barcelona Airport in Barcelona, Spain, on Feb. 23, 2024. European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years. Wizz Air reported a net profit of 365.9 million euros ($395.90 million) for the year ended March 31, compared with a net loss of 535 million euros a year earlier. That compares with a company-compiled consensus of a 350.8 million euros. The airline expects current year net income in the range of 500 million euros-600 million euros with revenue on each available seat kilometre up in high-single digits.

Persons: Jozsef Varadi Organizations: Airbus, Wizz, Barcelona Airport Locations: Barcelona, Spain, Hungary

☆ Wizz Air CEO says manufacturers and regulators 'need to do a better job' scrutinising new technology
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWizz Air CEO says manufacturers and regulators 'need to do a better job' scrutinising new technologyJózsef Váradi, CEO of European airline Wizz Air, discusses the broader industry and its third-quarter earnings.

Organizations: Wizz, Wizz Air

☆ How to Talk About Auschwitz
▼ + stars: | 2024-01-23 | by ( Menachem Kaiser | ) www.nytimes.com time to read: +1 min

LOVERS IN AUSCHWITZ: A True Story, by Keren BlankfeldCOLD CREMATORIUM: Reporting From the Land of Auschwitz, by József Debreczeni | Translated by Paul Olchváry“Lovers in Auschwitz” is, as the title portends, a nonfiction account of two Jews who became lovers in Auschwitz. Their story lines intersect in Auschwitz, where Zippi’s position as the camp’s graphic designer allows her to communicate with David, to arrange rendezvous and to save his life. After the war, the lines diverge; Zippi and David don’t see each other again for 72 years. Yes, Zippi and David met and fell in love and even slept with each other in Auschwitz, but nearly all of this is obliquely told. There is next to nothing about how they met or how the relationship developed; all we’re given are cringey markers of excitement.

Persons: Keren, József Debreczeni, Paul Olchváry, Keren Blankfeld, David, David don’t, It’s, Zippi, swooned Organizations: New York Times Locations: Auschwitz, Auschwitz ”, Poland, Slovakia

☆ Wizz Air narrows profit forecast on difficult operating conditions
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Wizz Air's aircraft is parked on the tarmac at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsNov 9 (Reuters) - European budget carrier Wizz Air (WIZZ.L) on Thursday narrowed its annual profit forecast below analyst expectations, citing continuing macroeconomic uncertainty and difficult operating conditions. Wizz Air was also one of the main airlines hit by issues with RTX (RTX.N) engines this year and had said it would face a capacity reduction as a result. That knocked its net income guidance for the financial year to between 350 million euros and 400 million euros ($374.7 million to $428.2 million), down from 350 million to 450 million euros. The budget carrier posted operating profit of 522.9 million euros ($559.8 million) for the six months to Sept. 30, compared with a loss of 63.8 million euros a year earlier.

Persons: Wizz, Bernadett Szabo, Jozsef Varadi, Varadi, RTX, Joanna Plucinska, Yadarisa, Savio D'Souza, David Goodman Organizations: Ferenc Liszt International, REUTERS, Wizz, Aerospace, Thomson Locations: Budapest, Hungary, London, Bengaluru

☆ One dead, eight injured as car carrying migrants crashes in Hungary
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +1 min

A crashed car carrying migrants is seen near Asotthalom, Hungary, near the Serbian border, October 27, 2023. REUTERS/Stringer Acquire Licensing RightsBUDAPEST, Oct 27 (Reuters) - One person died and eight people including four children were injured in Hungary near the Serbian border on Friday when a car carrying migrants crashed with a truck, authorities said. Renata Papp, mayor of Asotthalom village where the accident occurred, said on Facebook the car driver, a smuggler, was lifted from the wreckage by another smuggler and whisked away in another car. The migrants, predominantly from the Middle East and Afghanistan, enter Hungary from Serbia despite a steel fence that Prime Minister Viktor Orban had built after the 2015 migration crisis that rocked Europe. Reporting by Krisztina Than and Krisztina Fenyo; Editing by Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

Persons: Stringer, Renata Papp, Jozsef Hanga, Viktor Orban, Krisztina, Andrew Cawthorne Organizations: REUTERS, Rights, Facebook, Thomson Locations: Asotthalom, Hungary, Serbian, Serbia, Balkans, Slovakia, Austria, East, Afghanistan, Europe

"Whenever we come up against Wizz, we tend to have significantly lower fares and have much lower costs," he said. As an example of the strategy, he cited Albania, where Ryanair plans to open 25 new routes this winter to take on Wizz (WIZZ.L) in its eastern European heartland. According to data analysis firm IBA, low-cost carriers have over 59% of the aviation market in Poland, up from 31% in 2021. He added that Buzz and Ryanair were mainly focused on regional airports, like Modlin outside Warsaw or Katowice near Krakow. Poland and eastern Europe's lighter regulatory requirements, lower environmental scrutiny and poor rail connections make them appealing markets by comparison.

Persons: Wizz, Michael O'Leary, Jozsef Varadi, Varadi, Jamie Lindsay, Michal Kaczmarzyk, Buzz, Dan Taylor, Kaczmarzyk, O'Leary, Tim Hepher, Mark Potter Organizations: Ryanair, WARSAW, Wizz Air, Reuters, Wizz, Artemis Investment, LLP, Chopin, IBA Insight, Thomson Locations: Poland, PRAGUE, Europe, Ireland, Italy, Albania, Hungary, Warsaw, Modlin, Katowice, Krakow, Polish, France, Ukraine, Poland's

☆ Slovakia Struggles With Surge in Illegal Migrants as Election Looms
▼ + stars: | 2023-09-20 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +5 min

"They don't want to live or work here, they are in transit, they rush through as they can," said Jozsef Barta, 70. Although he knew of no criminal incidents involving the migrants, he added: "People are scared to walk in the street." The number of illegal migrants detained in Slovakia has increased ninefold from a year ago to more than 27,000 so far this year, the country's interior ministry said. Hungarian police data also showed a jump in illegal migrant crossings on Hungary's southern border with Serbia in the past weeks, from where they head for Slovakia or Austria. Slovak police patrols are helping their Hungarian colleagues to catch the smugglers but that has proven little deterrent.

Persons: Jozsef Barta, Renata Gregusova, Robert Fico, Fico, Marian Cehelnik, Viktor Orban, Krisztina, Jason Hovet, Jan Lopatka, Gareth Jones Organizations: European Union, Europe's, Police, Reuters, EU Locations: CHLABA, Slovakia, IPOLYDAMASD, Hungary, Chlaba, Germany, Hungarian, Slovak, Europe, Czech Republic, East, Afghanistan, Serbia, Austria, EU, Prague

International travel reached around 90% of pre-pandemic levels this year, according to the International Air Transport Association. Those trends lifted quarterly earnings of travel companies, with cruise operators like Royal Caribbean (RCL.N) reporting record results in recent weeks. Ticket prices, which in some cases have increased by double-digit percentages since the pandemic, are unlikely to plummet. She expects air fares on long-haul international routes to remain high until supply outpaces pre-pandemic levels, demand normalizes and jet fuel prices decline further. International inbound vs outbound in the U.S this yearAverage domestic airfare is currently $246 round-trip, down 8% from 2022, according to travel booking app Hopper.

Persons: Dan McKone, Amadeus, Jozsef Varadi, Hayley Berg, Hopper, that's, Glenn Fogel, Kathleen Oberg, Joanna Plucinska, Rajesh Kumar Singh, Doyinsola, David Gaffen, Matthew Lewis Organizations: International Air Transport Association, Consulting, Royal, Booking Holdings, Marriott, Lufthansa LHAG.DE, United Airlines, Wizz, Reuters, Holdings, International, U.S . National Travel, Tourism Office, British Airways, IAG, Thomson Locations: CHICAGO, Southern Europe, Britain, France, United States, Germany, Singapore, Royal Caribbean, Manila, Hong Kong, Taipei, Tokyo, Europe, Asia, COVID, U.S, Canada, London, Chicago, New York, Bengaluru

☆ Profitability is returning, says Wizz Air CEO
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailProfitability is returning, says Wizz Air CEOJózsef Váradi, CEO of Wizz Air, discusses the company's results and how the sector is recovering from significant volatility.

Persons: József Váradi Organizations: Wizz

☆ Wizz Air says average fares up, bookings rise
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: 1 min

LONDON, Jan 26 (Reuters) - Hungarian budget airline Wizz Air (WIZZ.L) said average fares for 2023 were higher than last year on booking volumes which were also ahead. The airline said its revenue more than doubled to 911.7 million euros ($994.3 million) in the three months to end-December, while passenger numbers increased 59% to 12.39 million. Chief Executive József Váradi said Wizz Air was continuing to see evidence of strength in ticket prices and ancillaries. "As we reach the end of January, we are seeing booking volumes coming in ahead of 2022, which is in line with expectations," he said on Thursday. ($1 = 0.9169 euros)Reporting by Sarah Young, Editing by Paul SandleOur Standards: The Thomson Reuters Trust Principles.

☆ Wizz Air sees strong summer, but more wary than rivals
▼ + stars: | 2023-01-26 | by ( Sarah Young | ) www.reuters.com time to read: +2 min

[1/2] People stand next to a Wizz Air aircraft at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. Low cost rivals Ryanair (RYA.I), Europe's biggest airline, and Britain's easyJet (EZJ.L) have reported record bookings for summer holidays, in a sign that consumers are still keen on trips despite a looming recession. Asked if Wizz had seen the same, CEO József Váradi said: "Bookings are strong, but I don't want to get over-excited." Separately on Thursday, British airline and holiday group Jet2 (JET2.L) upgraded its annual profit forecast after strong demand for winter holidays and said bookings for the summer were encouraging. For the new financial year, Wizz will benefit from hedging and new capacity, forecasting growth of 25% to 30% this summer versus last, helping unit costs to improve.

☆ Ryanair expects to emerge as Europe's only major low-cost carrier
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

DUBLIN, Nov 7 (Reuters) - Ryanair (RYA.I) on Monday predicted it would eventually become Europe's only major low-cost carrier, with Chief Executive Michael O'Leary claiming a widening gap on costs would make rivals easyJet (EZJ.L) and Wizz (WIZZ.L) takeover targets. "Europe is inexorably moving towards a similar out-turn as North America where you will have three very large, somewhat higher cost, high-fare connecting carriers, and one very large low cost carrier" in Ryanair, O'Leary said. Wizz chief executive Jozsef Varadi, who has always maintained his cost base is comparable to Ryanair's, last week said he did not see his airline as a takeover target. But he said the British airline was being forced by Ryanair to retreat in other markets like Italy and Portugal. Wizz, O'Leary said, was making progress with expansion in the Middle East but was retreating in the face of Ryanair expansion in some parts of its core central and eastern Europe region.

☆ Wizz Air eyes more growth, sees travel demand holding up
▼ + stars: | 2022-11-02 | by ( Sarah Young | ) www.reuters.com time to read: +2 min

Wizz's upbeat forecast chimes with the outlook from other European airlines including British Airways-owner IAG (ICAG.L) and Lufthansa (LHAG.DE), which have all said they are seeing continued growth in ticket sales. Chief executive Jozsef Varadi said on Wednesday that bookings were holding up strongly: "So far we are seeing no indication of a drop in demand so we remain confident." But it is lower than the 40% capacity growth that analysts had been expecting, reflecting Wizz's caution over the resilience of its operations following airport disruption which hurt it last spring, and partly to protect unit revenues. "You obviously have a company which is going for a lot of growth in this type of market," he said. "I don't think we are a target, or we can be a target on that basis," he said.

☆ Wizz Air plans to grow by 35% as travel demand holds up
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 2 (Reuters) - Budget airline Wizz Air (WIZZ.L) said it planned to grow its capacity by 35% in the six months to the end of March as demand for travel remained strong despite the pressure on household budgets from inflation. "So far we are seeing no indication of a drop in demand so we remain confident," chief executive Jozsef Varadi said on Wednesday. Hungary-based Wizz posted core earnings for its seasonally strong June-September quarter of 374 million euros ($369 million). That represented a recovery from the previous period when staff shortages at airports dragged the airline to a loss. Overall the airline posted an operating loss of 63.8 million euros for the March to September half.

De asemenea, pentru a reduce numărul de participanţi, îndemnul a fost să participe la ritual un singur membru al familiei. Organizatorii au anunţat, iniţial, că se aşteaptă participarea a 2.000 de persoane, dar numărul a fost de aproximativ 3.500. Îmi pare bine să văd oameni de ordine care întotdeauna ne-au ajutat la acest eveniment, iar acum îşi fac treaba cum trebuie. Nu îmi doresc decât să se termine, sper ca în câteva luni să se termine”, a spus un bărbat care participa la eveniment. Litughia a fost transmisă şi online, iar în zonele în care sunetul difuzoarelor amplasate în centrul oraşului nu se mai auzea, oamenii au ascultat la telefonul mobil mesajele transmise preoţi.

Persons: sfinţire, Tamas Jozsef, Litughia Organizations: Romano - Catolice de Locations: Miercurea Ciuc, Romano - Catolice de Alba Iulia

☆ Românul Gheorghe Hagi, nominalizat de France Football pentru echipa ideală din istoria fotbalului
▼ + stars: | 2020-10-13 | by ( ) tvrmoldova.md time to read: +2 min

Gheorghe Hagi, considerat cel mai bun fotbalist român din toate timpurile, a fost nominalizat de reputata publicaţie France Football la categoria mijlocaşi ofensivi într-un sondaj pentru stabilirea echipei ideale din istoria fotbalului, informează Agerpres. Alături de Hagi au fost nominalizaţi Bobby Charlton, Roberto Baggio, Andres Iniesta, Diego Maradona, Enzo Francescoli, Ruud Gullit, Alfredo di Stefano, Raymond Kopa, Laszlo Kubala, Alessandro Mazzolo, Socrates, Pele, Michel Platini, Zico, Zidane, Ferenc Puskas, Gianni Rivera, Francesco Totti şi Juan Alberto Schiaffino. La sondaj participă un juriu format din 170 de specialişti, precum şi suporterii din întreaga lume, care pot vota pe site-ul revistei. Echipa ideală va fi una într-un sistem 3-4-3. Propunerile pentru atacanţi vor fi anunţate săptămâna viitoare.

Persons: Hagi, reputata, Bobby Charlton, Roberto Baggio, Andres Iniesta, Diego Maradona, Enzo Francescoli, Ruud Gullit, Alfredo, Alfredo di Stefano, Raymond Kopa, Laszlo Kubala, Alessandro, Pele, Michel Platini, Zidane, Ferenc Puskas, Gianni Rivera, Francesco Totti, Juan Alberto Schiaffino, Banks, Gianluigi Buffon, Iker, Sepp Maier, Thomas Nkono, Peter Schmeichel, Edwin van der Sar, Lev Iaşin, Dino, Giuseppe Bergomi, Carlos Alberto, Djalma Santos, Claudio Gentile, Manfred Kaltz, Philipp Lahm, Suurbier, Lilian Thuram, Franco, Franz Beckenbauer, Fabio Cannavaro, Marcel Desailly, Ronald Koeman, Bobby Moore, Daniel Passarella, Mathias Sammer, Gaetano Scirea, Sergio Ramos, Andreas Brehme, Paul Breitner, Antonio Cabrini, Ruud Krol, Paolo Maldini, Marcelo, Nilton Santos, Roberto Carlos, Jozsef Bozsik, Sergio Busquets, Paulo Roberto Falcao, Steven Gerrard, Guardiola, Josef Masopust, Lothar Matthaeus, Johan Neeskens, Andrea Pirlo, Fernando Redondo, Frank Rijkaard, Bernd Schuster, Clarence Seedorf, Luis Suarez, Marco, Jean Tigana, Alonso, Xavi Organizations: France, Agerpres Locations: Alfredo di, Zico, Gerson

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