Wizz Air introduces an annual subscription pass for $550, allowing unlimited flights.

• Under a new travel subscription service from budget carrier Wizz Air, travelers in Europe can now take unlimited flights for 499 euros ($550) a year.
• Passengers can book international flights to destinations such as Athens, Madrid, and Paris up to three days before departure with the annual "all you can fly" pass.
• The introductory fee will be available until August 16th, after which the price will increase to 599 euros.

Wizz Air has introduced a new travel subscription service in Europe that allows travelers to take unlimited flights for 499 euros ($550) annually.

The "all you can fly" pass, which enables passengers to book one-way and roundtrip flights throughout the year, will be available at an introductory fee until Aug. 16, after which its price will increase to 599 euros.

Passengers can book flights to any of the airline's international destinations, including Athens, Madrid, Paris, and Reykjavik, with "no limits" up to three days before departure, starting in September.

Each booking comes with a flat fee of 9.99 euros, and any additional luggage beyond one personal item will be charged separately.

The airline intends to offer 10,000 "all you can fly" memberships, but seats will be subject to availability due to various external and internal factors.

U.S. carriers, including Frontier Airlines, have followed a similar pattern with their subscription packages, such as the $599 unlimited Go Wild! pass for North America routes.

While some European carriers offer multi-flight bundles for a set fee, unlimited packages are still a new idea in the continent.

Despite the post-pandemic travel boom, Wizz Air has experienced a decline in profits and customer satisfaction, as the airline industry faces increased pressure.

In the first quarter, the Hungarian airline experienced a 44% decline in operating profit. At the same time, a customer satisfaction rating of 44% placed it last in a February ranking of short-haul European carriers by consumer group Which?.

József Váradi, CEO of the company, stated on the day of the first-quarter results release that supply constraints were affecting the company's short-term outlook, while inflationary pressures were weighing on consumer demand.

The airline, which currently operates flights to the Maldives, Cairo, and Dubai, has previously stated that it is considering new routes from Europe to India.