Wizz Air Holdings Plc., stylized as W!ZZ, is a Hungarian ultra-low cost airline multinational group headquartered in Budapest, Hungary. The company includes subsidiaries Wizz Air Hungary, Wizz Air Malta, and Wizz Air UK. The airlines serve numerous cities across Europe, as well as some destinations in North Africa, the Middle East, and South and Central Asia. As of 2023, the airline group has its largest bases at Budapest Ferenc Liszt International Airport, Bucharest Henri Coandă International Airport, and Luton Airport and flies to 194 airports.[2] Its parent company, Wizz Air Holdings plc, is registered in Jersey and listed on the London Stock Exchange. It is a constituent of the FTSE 250 Index.[10]
History
Foundation and early years
Wizz Air Hungary was established in September 2003. The founder, József Váradi, was previously CEO of struggling Hungarian state-owned airline Malév Hungarian Airlines,[11][12] until he was removed from office by the Medgyessy government in 2003.[13] The lead investor is Indigo Partners, an American private equity firm[14] specialising in transportation investments. The first flight was made from Katowice International Airport on 19 May 2004.[15]
On 25 February 2015, Wizz Air shares began trading on the
Development since 2020
By early 2020, the COVID-19 pandemic forced Wizz Air to ground its fleet.[20] One-fifth of the staff were dismissed when it became clear that air travel across the continent was shutting down.[21] In April 2020, Wizz Air became Europe's largest low-cost airline with 78,000 passengers.[22] By June, they had reached 40 percent of their previous year's normal weekly revenue, while the proportion of no-shows fell from 80 percent in April to 30 percent.[23] In July 2020, the airline announced that it would form a joint venture with the Abu Dhabi Developmental Holding Company.[24] In October 2020, Wizz took delivery of an A330-200F cargo aircraft (HA-LHU, formerly Qatar Cargo), operating it on behalf of the Hungarian Government as 'Hungary Air Cargo'.[25]
Corporate affairs
Business trends
The key trends for the Wizz Air Group are (as at 31 March each year):[50][51]
Subsidiaries
Current subsidiaries
- Wizz Air UK was founded on 18 October 2017 as Wizz Air's UK unit. Following CAA approval, the subsidiary commenced operations with 10 registered aircraft initially. The unit is currently operating flights from and to Luton on behalf of its Hungarian parent and has been set up to ensure Wizz Air retains full market access to the United Kingdom following Brexit.
Destinations
These notable actions regarding destinations were executed by the airline:
The longest routes by linear distance are:
Hubs
Fleet
Current fleet
As of 30 November 2025, Wizz Air and its subsidiaries Wizz Air Malta and Wizz Air UK operates an all-Airbus fleet composed of the following aircraft:[114]
Historic fleet
In December 2024, Wizz Air ended operations of their sole Airbus A330-200F which handled freight services on behalf of the Hungarian government since the COVID-19 pandemic in 2020.[120]
See also
External links
References
- Investor Relations Overview Wizz Air, retrieved 1 April 2024^
- Investor Relations Overview Wizz Air, retrieved 28 January 2026^
- Leadership Team Wizz Air, retrieved 31 January 2024