WIZZ AIR ACQUIRES ADDITIONAL SLOTS AT LONDON LUTON

RNS Number : 9097X

Wizz Air Holdings PLC

29 November 2017

 

WIZZ AIR ACQUIRES ADDITIONAL SLOTS AT LONDON LUTON
WIZZ FLEET IN LUTON INCREASES TO 7 AIRCRAFT IN 2018

Ticker:  WIZZ

London, 29 November 2017: Wizz Air, the largest low-cost airline in Central and Eastern Europe, announces that, following the acquisition of a number of take-off and landing slots from Monarch Airlines, it will increase its fleet at London Luton by two aircraft to a total of seven aircraft.

This new investment will see Wizz Air's capacity in its London Luton base increase by 18% YoY, to a total of 7.1 million seats in 2018.  For Wizz Air's customers, this means more than 10,000 additional low fare seats available on 28 new additional flights departing every week from London Luton airport to some of Europe's most exciting and less-discovered destinations.  For Wizz Air's team at London Luton airport, this means more than 70 new colleagues taking the total of local jobs created in the last year to 250.

Additional London Luton routes will be announced in due course.

Wizz Air Chief Executive Officer, József Váradi commented: "We continue to develop our business in the United Kingdom. Following the announcements of establishing Wizz Air UK and our accelerated growth plan, just a few days ago here we go again. Acquiring airport slots and airport nightstands at Luton Airport will enable us to enhance our presence and competitive position in the London market. In summer Wizz Air UK will operate a fleet of 7 A320/A321 aircraft, to grow the overall WIZZ capacity by 18% in 2018. While BREXIT will certainly pose challenges to the airline industry, we see it as an opportunity for Wizz Air, as our highly efficient low fare model will prevail even more under the new circumstances."

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About Wizz Air

Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 87 Airbus A320 and Airbus A321 aircraft, and offers more than 550 routes from 27 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:

Sorina Ratz; Wizz Air Group; [e-mail]

Ed Bridges/Jonathan Neilan; FTI Consulting; [e-mail]; [phone]

Follow us on Twitter: @wizzair

Notes for Editors:

·      All flights operated on Airbus A320 aircraft, with 180 seats and A321 aircraft with 230 seats

·      New Airbus A321 deliveries started in November 2015

·      For free pictures of aircraft, crews and logo library please visit http://wizzair.com/en-GB/press

 

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