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Wizz Air Holdings - Wizz Air Announces Three New Bases

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:

 

-     Bacău, 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."

 

 

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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. 


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Quick facts: Wizz Air Holdings

Price: 3646

Market: AIM
Market Cap: £3.75 billion
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