Wizz Air Holdings PLC Wizz Air Applies for UK Air Operator Certificate (8781T)
18 October 2017 - 8:00PM
UK Regulatory
TIDMWIZZ
RNS Number : 8781T
Wizz Air Holdings PLC
18 October 2017
WIZZ AIR APPLIES FOR UK AIR OPERATOR CERTIFICATE
London, 18 October 2017: Wizz Air UK Limited ("Wizz Air UK"), a
fully owned and controlled subsidiary of Wizz Air Holdings Plc (the
"Company" or "Wizz Air"), the largest low-cost airline in Central
and Eastern Europe, announces that it has filed an application for
the grant of an Air Operator's Certificate ("AOC") and Operating
Licence ("OL") with the Civil Aviation Authority of the United
Kingdom ("CAA").
Subject to receipt of its AOC and OL from the CAA, Wizz Air UK
will begin operations in the UK in March 2018 with several
UK-registered aircraft. The London Luton operating base of Wizz Air
Hungary Ltd. ("Wizz Air Hungary") will become a Wizz Air UK
operation which will see the Company invest in local resources
employing more than 100 people (management, pilots and cabin crew)
by end of 2018. Routes not taken over by Wizz Air UK will continue
to be operated by Wizz Air Hungary, maintaining and continuing to
expand the group's network of 41 routes from London Luton.
Wizz Air Chief Executive Officer, József Váradi commented: "We
are pleased to announce that we are seeking a UK AOC and Operating
Licence, further signalling our commitment to the important UK
market. It is a natural, next-step in the development of our UK
business and will bring additional investment and jobs to our UK
base at London Luton. The UK remains the single biggest travel
market in Europe and we are currently the UK's 8(th) largest
operator and this move is also part of our broader strategy to
ensure that our UK operations are Brexit-ready. We look forward to
working with the CAA to take this application forward."
Wizz Air's Commitment to the UK
Wizz Air's first ever flight in May 2004 was from Katowice to
London Luton. Today WIZZ's UK network consists of 73 routes to 41
destinations from 9 airports. In the past 12 months, Wizz Air
carried more than 7 million passengers on its low-fare UK routes,
representing 14% growth year on year and supporting over 5,400
local jobs in associated industries*. Since the beginning of
operations more than 40 million passengers have chosen to travel
with WIZZ on its UK routes, taking advantage of its low fares from
the UK to Central and Eastern Europe.
---ENDS
*ACI suggests creation of 750 on-site jobs for every million
carried passengers per year
About Wizz Air
Wizz Air is the largest low-cost airline in Central and Eastern
Europe, operates a fleet of 86 Airbus A320 and Airbus A321
aircraft, and offers more than 550 routes from 28 bases, connecting
144 destinations across 43 countries. At Wizz Air, a team of
approximately 3,300 aviation professionals delivers superior
service and very low ticket prices making Wizz Air the preferred
choice of 23.8 million passengers in the financial year ended 31
March 2017. Wizz Air is listed on the London Stock Exchange under
the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share
Indices. Wizz Air is registered under the International Air
Transport Association (IATA), Operational Safety Audit (IOSA), the
global benchmark in airline safety recognition. The company was
recently named 2016 Value Airline of the Year by the editors of Air
Transport World, one of the leading airline trade magazines, as
well as 2016 Low Cost Airline of the Year by the Center for
Aviation (CAPA), a leading provider of independent aviation market
intelligence.
For more information:
+41 22 555
Investors: Iain Wetherall, Wizz Air: 9873
+36 1 777
Balint Veres, Wizz Air: 9349
+36 1 777
Media: Tamara Vallois, Wizz Air: 9324
Edward Bridges / Jonathan Neilan, +44 20 3727
FTI Consulting LLP: 1017
This information is provided by RNS
The company news service from the London Stock Exchange
END
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