Wizz Air Holdings Plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- József Váradi
- Full Time Employees
- 8,044
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- Ogier House Saint Helier Jersey JE4 9WG
- IPO Date
- Apr 27, 2017
- Website
- wizzair.com
- Similar Companies
- Business
- Wizz Air Holdings Plc operates as Europe's leading ultra-low-cost airline group, providing scheduled short-haul and medium-haul point-to-point passenger air transportation services under the Wizz Air brand; core offerings include low-fare flights on approximately 833 routes connecting 200 airports across 50 countries in Europe, the Middle East, North Africa, and Northwest Asia, supported by ancillary services such as WIZZ Priority boarding, WIZZ Flex fare options, Security Fast Track, Lounge Access, Fare Lock, onboard retail, and family travel packages. The company maintains a modern fleet of 231 Airbus A320 family aircraft, including A321neo and a sub-fleet of 11 A321XLR extended-range models, with an average age of 4.7 years, emphasizing fuel efficiency and the lowest environmental footprint per passenger among low-cost carriers. Founded in 2003 and headquartered in Budapest, Hungary, with its parent registered in Saint Helier, Jersey, Wizz Air serves primarily leisure and value-conscious travelers from bases concentrated in Central and Eastern Europe, including major hubs at Budapest Ferenc Liszt, Bucharest Otopeni, and London Luton, alongside subsidiaries Wizz Air Hungary Ltd., Wizz Air UK Ltd., and Wizz Air Malta Ltd. Recent strategic changes include amending its Airbus purchase agreement in November 2025 to defer 88 deliveries, convert 36 A321XLR orders to A321neo, and target 10-12% annual seat growth through 2033; closing high-cost Abu Dhabi and Vienna bases while launching lower-cost operations at Bratislava, Tuzla, Podgorica, Yerevan, and Warsaw Modlin; expanding in Romania with 25 new routes from six airports for winter 2025-2026; and partnering with TravelFusion Limited to enhance corporate travel distribution. These moves support higher H1 2025 profits, a 9% revenue increase to €3.34 billion, and strengthened cash reserves amid network realignment toward core CEE markets.
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