Wizz Air Holdings PLC WIZZ AIR ACQUIRES ADDITIONAL SLOTS AT LONDON LUTON (9097X)
November 29 2017 - 1:00PM
UK Regulatory
TIDMWIZZ
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."
-ENDS-
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; communications@wizzair.com
Ed Bridges/Jonathan Neilan; FTI Consulting;
wizzair@fticonsulting.com; +44 20 3727 1017
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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