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Wizz Air Holdings Extends CEO Service Agreement
Wizz Air Launches Carbon Offsetting Scheme
Wizz Air Appoints Enrique Dupuy De Lome Chavarri To Board As Independent Non-Executive Director
Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries. In addition, the Company offers approximately 50 Hungarian routes to 22 countries from two Hungarian airports. It offers its services across various regions, such as Gdansk, Lublin, Poznan, Katowice, Warsaw and Wroclaw in Poland; Budapest in Hungary; Sofia in Bulgaria; Bucharest, Cluj-Napoca Tirgu Mures, Craiova and Timisoara in Romania; Kyiv in Ukraine; Prague in Czech Republic; Belgrade in Serbia; Vilnius in Lithuania; Skopje in Macedonia; Riga in Latvia; Tuzla in Bosnia, and Herzegovina and Kosice in Slovakia. Its subsidiaries include Wizz Air Hungary Limited and Wizz Air Ukraine Airlines LLC.
World Trade Center 1
10 Route de l Aeroport,
PO Box 844
William A. Franke
Chairman of the Board
Chief Executive Officer, Executive Director
Deputy Chief Executive Officer, Managing Director
Group Chief Financial Officer, Executive Vice President
Diederik R. Pen
Group Chief Operating Officer, Executive Vice President
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Hungarian low cost airline Wizz Air said passenger numbers were down 85% in November compared to the same month last year as restrictions related to the pandemic prolonged the travel slump.
Hungarian low-cost airline Wizz Air is expanding in Norway to take advantage of a shift towards domestic tourism caused by the COVID-19 pandemic, the airline's chief executive said on Tuesday.
Hungarian airline Wizz Air announced a COVID-19 testing partnership to allow its British passengers to take cheaper tests, as a negative coronavirus certificate starts to re-open travel markets.
Wizz Air <WIZZ.L> said the former chief financial officer of British Airways-owner IAG <ICAG.L> had joined its board, the latest sign of the Hungary-based low cost airline's bid to move into the top tier of European airlines.
European budget airline Wizz Air <WIZZ.L> said on Thursday it was positioning itself for an expected recovery in air travel in the spring, buoyed by its cash-rich position which should see it through a tough winter.
Wizz Air said revenue plunged 72% in the six months ended September as passenger numbers shrunk during the pandemic, and forecast a challenging winter as restrictions continue.
Britain's FTSE 100 index is seen opening 50 points higher at 5,705 on Tuesday, according to financial bookmakers, with futures up 0.79% ahead of cash market open.
The world will have a smaller airline industry as a result of the coronavirus crisis with many privately funded carriers set to go under and governments throwing "good money after bad" to keep national champions afloat, Wizz Air's CEO <WIZZ.L> said.
Hungarian low-cost carrier Wizz Air Holdings Plc <WIZZ.L> said on Friday it expected to operate at half of its capacity in October, adding that it does not foresee operating at a higher capacity during the winter if current pandemic curbs remain.
Hungarian low-cost carrier Wizz Air <WIZZ.L> expects to fly at roughly 60% of capacity in the three months to the end of September, down from earlier projected levels as renewed travel restrictions in Europe and Hungary hit passenger numbers.
Hungarian low-cost carrier Wizz Air said on Tuesday it expects capacity for the second-quarter at roughly 60% in light of renewed travel restrictions in Europe and particularly in Hungary, due to a resurgence in coronavirus cases.
Wizz Air <WIZZ.L> will sharply reduce weekly flights to and from Hungary from Sept. 7, the airline said, after the government announced it would ban the entry of foreigners to try to rein in the coronavirus outbreak.
Hungary's Wizz Air warned its industry-leading recovery could stall as COVID-19 warnings and restrictions hamper travel across Europe, but said Britain's quarantine rules had not led it reconsider long-term expansion plans there.
Hungary's Wizz Air remains committed to expansion in Britain despite government quarantine rules which have created a roller coaster scenario for airlines trying to restart travel after months of lockdowns.
Hungarian low-cost carrier Wizz Air <WIZZ.L> said off and on-again COVID-19 restrictions meant the travel industry's recovery would be bumpy, and it could not provide financial guidance for the current year.
Low-cost airline Wizz Air <WIZZ.L> urged the European Union on Thursday to reinstate airport slot rules following a suspension that has allowed carriers to hold on to take-off and landing rights during the coronavirus crisis.
The chief executive of Wizz air <WIZZ.L> said airlines faced months of uncertainty as some countries reintroduced restrictions and that the recovery of flying in Europe would not be "a straight line".
* WIZZ AIR HOLDINGS - JUNE 2020 TRAFFIC AND CO2 EMISSION STATISTICS
Hungarian low-cost airline Wizz Air <WIZZ.L> said its expansion plans would continue to be held back by coronavirus-related restrictions in its 2020-2021 financial year but it was confident on longer-term growth.
Lufthansa <LHAG.DE> pledged tough restructuring on Wednesday, even as budget rival Wizz Air <WIZZ.L> upgraded a Middle Eastern expansion - underscoring the contrasting fortunes among airlines grappling with the coronavirus crisis.
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