Low-cost airline of Hungary
Wizz Air Hungary Ltd. Founded September 2003; 22 years ago (2003-09 ) Commenced operations 19 May 2004; 21 years ago (2004-05-19 ) AOC # EASA.AOC.001 Parent company Wizz Air Holdings plc Headquarters Budapest ,Hungary
Wizz Air Holdings Plc. ,stylized asW!ZZ , is a Hungarianultra-low cost airline multinational group headquartered inBudapest , Hungary. The company includes subsidiaries Wizz Air Hungary,Wizz Air Malta , andWizz Air UK . The airlines serve numerous cities across Europe, as well as some destinations inNorth Africa , theMiddle East , andSouth andCentral Asia . As of 2023, the airline group has its largest bases atBudapest Ferenc Liszt International Airport ,Bucharest Henri Coandă International Airport , andLondon Luton Airport and flies to 194 airports.[ 11] Its parent company, Wizz Air Holdings plc, is registered inJersey and listed on theLondon Stock Exchange . It is a constituent of theFTSE 250 Index .[ 12]
Former Wizz Air logo Wizz Air's headquarters inFerencvaros , Budapest Foundation and early years [ edit ] Wizz Air Hungary was established in September 2003. The founder,József Váradi , was previously CEO of struggling Hungarian state-owned airlineMalév Hungarian Airlines ,[ 13] [ 14] until he was removed from office by theMedgyessy government in 2003.[ 15] The lead investor isIndigo Partners , an American private equity firm[ 16] specialising in transportation investments. The first flight was made fromKatowice International Airport on 19 May 2004.[ 17]
On 25 February 2015, Wizz Air shares began trading on theLondon Stock Exchange .[ 18]
In November 2017, Wizz Air announced its planned launch of a British division calledWizz Air UK , based atLondon Luton mainly to take advantage oflanding slots acquired whenMonarch Airlines entered administration that year. The airline applied successfully to theCAA for anAOC and a Type A Operating Licence. The airline launched operations in March 2018 using British registered aircraft. Wizz Air UK was to start taking over UK-bound flights previously operated by Wizz Air, and plans called for the airline to employ up to 100 staff by the end of 2018.[ 19]
In November 2019, Wizz Air dismissed concerns about its part in environmental damage raised by the "flight shame " movement, basing its response on the airline's per-passenger emission level. The company said it would reduce per capita emissions by an additional 30 percent by 2030. Wizz Air also condemned inefficient airlines such asLufthansa that offered business class and used outdated technologies, which according to Wizz Air cause far more environmental damage.[ 20] [ 21]
Development since 2020 [ edit ] By early 2020, theCOVID-19 pandemic forced Wizz Air to ground its fleet.[ 22] One-fifth of the staff were dismissed when it became clear that air travel across the continent was shutting down.[ 23] In April 2020, Wizz Air became Europe's largest low-cost airline with 78,000 passengers.[ 24] By June, they had reached 40 percent of their previous year's normal weekly revenue, while the proportion ofno-shows fell from 80 percent in April to 30 percent.[ 25] In July 2020, the airline announced that it would form ajoint venture with the Abu Dhabi Developmental Holding Company.[ 26] In October 2020, Wizz took delivery of anA330-200F cargo aircraft (HA-LHU, formerlyQatar Cargo ), operating it on behalf of theHungarian Government as 'Hungary Air Cargo'.[ 27]
In August 2021, company management announced that they plan to hire 4,600 new pilots by 2030, with the first part of their plan to train and hire nearly 500 pilots by the end of 2021.[ 28] In September 2021, rival low-cost carrierEasyJet claimed it had rejected a takeover offer from Wizz Air.[ 29] On 14 November 2021, on the first day of theDubai Airshow , Wizz Air was one of four airlines that ordered additional A321neo jets. Wizz Air is due to receive a total of 75 A321neo and 27 A321XLRs, adding up to 102 new aircraft.[ 30]
Following the2022 Russian invasion of Ukraine , four Wizz Air aircraft were stranded inUkraine , three inKyiv , and one inLviv (the latter eventually being recovered and returned to service).[ 31] [ 32] In March 2022, amid the invasion, Wizz Air provided 100,000 free airline tickets torefugees for short-distance flights fromPoland ,Slovakia ,Hungary andRomania .[ 33] [ 34] In May 2022, Wizz Air said it had signed amemorandum of understanding withSaudi Arabia's Ministry of Investment to collaborate on potential investment and operating models to boost the country's tourism industry and increase its connectivity.[ 35] [ 36] On 8 June 2022, the company signed a memorandum of understanding with European aircraft manufacturerAirbus to work on the development ofhydrogen-powered aircraft .[ 37]
In 2024 the company was named as the worst for flight delays in the United Kingdom for the third year in succession. On average flights departed over half an hour late.[ 38] In 2024, Wizz Air had to ground hundred of planes after reported faults with Pratt & Whitney's geared turbofan engines. The chief executive said he expected the issue to affect the fleet for two years while the aircraft are inspected.[ 39]
In August 2024, the company announced an "all you can fly" subscription, costing €499 per year.[ 38] The annual subscription sold out within 24 hours.[ 40] Subscribers are charged an additional £8.90 per flight and have to pay extra for carry-on or checked luggage — only a small personal item is free.[ 41]
In September 2024, Wizz Air reported progress on the aircraft engine problems. The budget carrier had 41 aircraft grounded as of Sept. 30, six months earlier than it originally forecast.[ 42] The company now expects to have 40-45 planes idled at a time over the next 18 months, down from the previous expectation of 50.[ 43]
In July 2025, the company announced the suspension of its operations from Abu Dhabi, claiming it was caused by geopolitical turmoil, supply chain constraints, and regulatory barriers.[ 44] All flights to the region were to be stopped on 1 September 2025.[ 45]
The key trends for the Wizz Air Group are (as at 31 March each year):[ 46] [ 47]
FY Revenue (€m) Net profit (€m) Number of employees Number of passengers (m) Passenger load factor (%) Number of served airports Number of served countries Fleet size CO2/RPK[ a] (g) References 2014 1,011 87.7 1,650 13.9 85.7 96 35 46 [ 48] [ 49] 2015 1,227 183 2,040 16.5 86.7 110 38 55 [ 48] 2016 1,429 192 2,396 20.0 88.2 124 39 67 [ 50] 2017 1,571 225 3,033 23.8 90.1 141 42 79 61.5 [ 51] 2018 1,948 275 3,686 29.6 91.3 135 44 93 59.9 [ 52] 2019 2,327 123 4,261 34.6 93.6 146 44 112 58.5 [ 53] 2020 2,761 281 4,440 40.0 93.5 155 45 121 57.2 [ 54] 2021 739 −576 3,960 10.2 64.0 167 48 137 77.3 [ 55] [ 56] 2022 1,663 −642 5,772 27.1 78.1 194 51 153 60.7 [ 57] [ 58] 2023 3,896 −535 7,389 51.0 87.8 194 54 179 53.8 [ 59] [ 60] 2024 5,073 365 8,044 62.0 90.1 193 53 208 52.0 [ 61] [ 62] 2025 5,267 213 8,816 63.4 91.2 200 55 231 52.2 [ 63]
Current subsidiaries Wizz Air UK was founded on 18 October 2017 as Wizz Air'sUK unit. FollowingCAA 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 followingBrexit .[ 64] Wizz Air Malta was founded in 2022 and operated its first flight on 27 September 2022 fromRome Fiumicino toMalta International Airport .[ 65] Former subsidiaries Countries served by Wizz Air as of August 2025[ 71] These notable actions regarding destinations were executed by the airline:
Year Destination Notability Refs 2004 Maiden flight from the first base inKatowice Airport toLondon Luton Airport [ 72] Budapest Establishment of second base [ 72] 2008 Ukraine Start of domestic operations in a country outside of theEuropean Union [ 73] 2009 Hurghada,Sharm El Sheikh Airline's first routes toNorth Africa [ 74] 2011 Belgrade New base outside of the European Union [ 75] 2012 Kutaisi Airline's first route to theSouth Caucasus [ 76] Skopje New base outside of the European Union [ 77] Tel Aviv Airline's first route to theMiddle East [ 78] 2013 Dubai Airline's first route to theArabian Peninsula [ 79] 2015 Tuzla New base outside of the European Union [ 80] 2016 Chișinău New base outside of the European Union [ 81] Kutaisi Airline's first base in the South Caucasus [ 82] 2017 Astana Airline's first route toCentral Asia [ 83] London Luton New base outside ofCentral and Eastern Europe [ 84] 2018 Vienna New base outside of Central and Eastern Europe [ 85] 2020 Larnaca New base outside of Central and Eastern Europe [ 86] London Gatwick New base outside of Central and Eastern Europe [ 87] Milan Malpensa New base in a country outside of Central and Eastern Europe [ 88] Tirana New base outside of the European Union [ 89] 2021 Abu Dhabi Airline's first base on the Arabian Peninsula [ 90] Dortmund Closure of a base outside of Central and Eastern Europe after having been operated for a year [ 91] Norway Termination of all its domestic routes in a country outside of the European Union, after being operated for less than a year [ 92] 2022 Doncaster Closure of a base outside of Central and Eastern Europe after having been operated for less than two years [ 93] Malé Airline's first route toSouth Asia [ 94] Sarajevo Closure of a base outside of the European Union after having been operated for a year [ 95] [ 96] 2023 Cardiff Closure of a base outside of Central and Eastern Europe after having been operated for less than a year [ 97] 2025 Abu Dhabi Closure of a base outside of Europe after having been operated for four years [ 98] Yerevan New base outside of the European Union (Caucasus) [ 99]
The longest routes by linear distance are:
Wizz AirAirbus A321neo Wizz AirAirbus A320-200 wearing the company's former livery As of 31 October 2025, Wizz Air and its subsidiariesWizz Air Malta andWizz Air UK operate the following all-Airbus A320 family fleet:[ 109]
Wizz Air's formerAirbus A330-200F operated for Hungary Air Cargo In December 2024, Wizz Air ended operations of their soleAirbus A330-200F which handled freight services on behalf of the Hungarian government since theCOVID-19 pandemic in 2020.[ 115]
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