REG - Wizz Air Holdings - Intention to form a new airline in Malta

Wizz Air HoldingsAnnouncement

17/05/2022 12:00

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RNS Number : 8003L  Wizz Air Holdings PLC  17 May 2022

WIZZ AIR ANNOUNCES ITS INTENTION TO FORM A NEW AIRLINE IN MALTA

LSE: WIZZ

 

Geneva, 17 May 2022: Wizz Air, fastest growing European low-cost airline and
one of the most sustainable, announces that based on the 'Arrangement on
Reallocation of Responsibility' document signed today between the European
Union Aviation Safety Agency ("EASA") and the Malta Civil Aviation Directorate
("CAD"), it intends to file an application for its Maltese subsidiary to be
granted an Air Operator's Certificate ("AOC") with EASA and an Operating
Licence ("OL") with CAD.

 

Subject to confirmation of its AOC and OL from the EASA and CAD, Wizz Air
Malta may begin operations in October 2022 with Malta-registered aircraft.

 

Wizz Air Chief Executive Officer, József Váradi said: "We are pleased to
announce our intention to establish a new airline subsidiary in Malta. Wizz
Air is constantly evaluating the structure of its business and exploring
options to establish new AOC's and bases in Europe and beyond. The successful
establishment of Wizz Air Malta later this year will help to reinforce our
strong position and support our expansion plans in Europe. We look forward to
working with EASA and the Maltese CAA to take this application forward."

 

Patrick Ky, Executive Director of EASA, said: "This will be a new step in the
already well-established cooperation between the Agency,  the Maltese Civil
Aviation Directorate and Wizz Air. This new set-up, where one group will
operate multiple AOCs based in different Member States, but overseen by the
same Competent Authority, demonstrates the possibilities available through the
transfer of responsibilities to EASA. We are looking forward to working
together on the issuance of this brand-new AOC and the subsequent oversight
activities."

 

Capt. Charles Pace, Director General of the Civil Aviation Directorate Malta,
stated: "It is an honour to have Wizz Air as one of the Airlines selecting
Malta as one of their Principal Places of Business. The team effort and
approach of CAD has once again been proven to be a winning formula. I would
like to take this opportunity to thank the CEO and Board of Wizz Air for their
trust, and I look forward to working with EASA and Wizz Air in issuing the AOC
and AOL."

 

 

- Ends -

 

ABOUT WIZZ AIR

Wizz Air, the fastest growing European low-cost airline and one of the most
sustainable, operates a fleet of 153 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 financial
year F20 ending 31 March, 2020 and 27.1 million passengers in the financial
year F22 ending 31 March 2022. 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.

 

 

 For more information:

 Investors:  Zlatko Custovic, Wizz Air                               +36 1 777 9407

 Media:      Christie Rawlings, Wizz Air                             +36 70 685 1583/

                                                                     +44 7811 155205

             Edward Bridges / Jonathan Neilan, FTI Consulting LLP:   +44 20 3727 1017

 

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