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WIZZ Wizz Air Holdings Plc

2,114.00
-24.00 (-1.12%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wizz Air Holdings Plc LSE:WIZZ London Ordinary Share JE00BN574F90 ORD GBP0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -24.00 -1.12% 2,114.00 2,110.00 2,140.00 2,158.00 2,086.00 2,138.00 211,476 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 4.03B -523M -5.0624 -4.18 2.19B

Wizz Air Holdings PLC Wizz Air Announces Three New Bases (3622Q)

18/06/2020 9:11am

UK Regulatory


TIDMWIZZ

RNS Number : 3622Q

Wizz Air Holdings PLC

18 June 2020

   WIZZ AIR ANNOUNCES FURTHER   SIGNIFICANT EXPANSION: 
   NEW BASES   IN GERMANY, ROMANIA AND RUSSIA 

STRONG GROWTH IN SERBIA

Ticker: WIZZ

Geneva, 18 June 2020: Wizz Air Holdings Plc ("Wizz Air"), the largest low-cost airline in Central and Eastern Europe, today announces that it will open three new bases in Germany, Romania and Russia and expand its existing base in Belgrade, Serbia, deploying seven aircraft and launching 44 new routes to:

   -     Bac u, Romania: two based aircraft, 12 new routes 

- Belgrade, Serbia: one additional aircraft, taking the base to three aircraft and nine new routes

   -     Dortmund, Germany: three based aircraft, 18 new routes 
   -     St. Petersburg, Russia: one based aircraft, five new routes 

József Váradi, Wizz Air's Chief Executive Officer said:

"I am delighted to announce that Wizz Air is further expanding its network in Germany, Romania, Russia and Serbia. We continue take advantage of market opportunities and re-stimulate demand for low-cost travel. This expansion further contributes to the vital recovery of the economy in our markets and we remain focused on best servicing them, while protecting the health of our customers and employees. Our ever-disciplined attitude to cost and our solid balance sheet ensure that we remain a most formidable business under any market circumstance. "

- Ends -

 
 For more information: 
 
 Investors:    Evelin Horvath, Wizz Air                            +41 22 555 9863 
 
 Media:        Tamara Vallois, Wizz Air:                           +36 1 777 9324 
  Edward Bridges / Jonathan Neilan, FTI Consulting 
   LLP:                                                            +44 20 3727 1017 
 
 

ABOUT WIZZ AIR

Wizz Air, the largest low-cost airline in Central and Eastern Europe, operates a fleet of 122 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 40 million passengers in the last 12 months. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world's top ten safest airlines by airlineratings.com, the world's only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, recognizing individuals and organizations that have distinguished themselves through outstanding performance, innovation, and superior service.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCUWOBRROUNARR

(END) Dow Jones Newswires

June 18, 2020 04:11 ET (08:11 GMT)

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