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Indigo Hungary Management Discloses Stake Of 79.2% In Wizz Air As Of Feb. 06
Wizz AirSays Indigo Hungary, Indigo Maple Hill Elected To Convert Convertible Shares In Co
Fil Limited Discloses 7.46% Stake In Wizz Air Holdings As Of Feb 4
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
Chief Financial Officer, Executive Vice President
Diederik R. Pen
Chief Operating Officer, Executive Vice President
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Wizz Air's <WIZZ.L> largest shareholder, U.S.-based private equity firm Indigo Partners, carried out a long-time plan to cut its stake in the company as the Budapest-based low-cost airline works to comply with European Union ownership rules.
Wizz Air Holdings Plc's largest shareholder, private equity firm Indigo Partners, on Tuesday sold about 12.5 million shares of the low-cost airline, at a 3.5% discount to Monday's close, according to the bookrunner.
Wizz Air's <WIZZ.L> largest shareholder private equity firm Indigo Partners plans to sell shares worth 500 million pounds via an accelerated bookbuilding process, the bookrunner on the sale said on Monday.
Investment funds managed by Private equity firm Indigo Partners plan to sell Wizz Air shares worth 500 million pounds ($650 million) via an accelerated bookbuilding process, the deal's bookrunner said on Monday.
European low-cost airline Wizz Air <WIZZ.L> upgraded its annual profit forecast on Wednesday, after a strong third quarter performance when it carried more passengers.
Wizz Air <WIZZ.L> will be expanding into Armenia with new flights from Vilnius and Vienna to Zvartnots International Airport in Yerevan, the low-cost airline said on Monday.
Wizz Air <WIZZ.L> said on Thursday it planned to launch Wizz Air Abu Dhabi next year in its first expansion beyond Europe, as the low-cost airline seeks to grow by offering its budget prices on Middle East routes.
European low-cost airline Wizz Air said on Thursday it plans to launch Wizz Air Abu Dhabi in the second half of 2020, its first carrier outside of Europe.
Wizz Air <WIZZ.L> lifted the bottom end of its annual profit forecast and further raised its capacity growth outlook, as the budget airline flew more passengers and curbed costs in the first-half, while struggling rivals cut expansion plans.
Wizz Air Holdings Plc on Wednesday raised the bottom end of its annual profit forecast, months after it boosted its capacity, as the budget airline benefits from a strong start to the year while struggling rivals cut expansion plans.
The boss of Hungarian low-cost airline Wizz Air <WIZZ.L> said he did not expect Brexit to disrupt his operations, and that it could actually present an opportunity to grow as competitors fall away.
Low-cost European airline Wizz Air <WIZZ.L> said on Tuesday it had increased its fuel hedge position beyond policy minimum levels over the summer, signalling it was better protected than it might normally be from this week's surge in oil prices.
Low-cost airline Wizz Air <WIZZ.L> has raised its full-year capacity growth outlook after a strong start to its financial year, benefiting as struggling rivals cut their expansion plans.
Low-cost airline Wizz Air has raised its full-year capacity growth rate after a strong start to its financial year as some of its competitors stumble.
* FEB LOAD FACTOR -0.7PPTS Source text for Eikon: Further company coverage: (Reporting By UK Bureau)
* LOAD FACTOR -0.3PPTS IN JAN 2018 VERSUS JAN 2017 Source text for Eikon: Further company coverage: (Reporting By UK Bureau)
* WIZZ AIR CEO SAYS HASN'T MADE UP MIND ON ALITALIA, INTERESTED IN UNDERSTANDING THE PROCESS BUT HAS NOT EXPRESSED A FORMAL INTEREST IN ALITALIA
* AFTER ACQUISITION OF NUMBER OF TAKE-OFF AND LANDING SLOTS FROM MONARCH , WILL INCREASE FLEET AT LUTON BY TWO AIRCRAFT TO TOTAL OF 7
* Wizz Air CEO Jozsef Varadi says company looking at establishing UK flying licence in coming months as a contingency for Brexit. Further company coverage: (Reporting By Alistair Smout)
* Iain Wetherall, currently head of financial planning & control and investor relations, is promoted to Chief Financial Officer with effect from 01 August 2017
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