Wizz Air expands to UK ahead of Brexit
Wizz Air, Hungarian low cost airline announced on May 3, 2018 that its wholly-owned subsidiary – Wizz Air UK – was granted an Air Operator’s Certificate (AOC) and Operating Licence (OL) by the United Kingdom’s Civil Aviation Authority, becoming the 8th largest airline group operating in the UK. According to the airline’s CEO, the move is part of the company’s Brexit contingency plan.
“Today marks the start of a new era in air travel in the United Kingdom, as we celebrate Wizz Air UK’s first flight following the grant of its UK operating license, József Váradi, Chief Executive Officer at Wizz Air is quoted saying in a statement, also admitting that Wizz Air UK is “a key part” of the company’s Brexit contingency plan.
Wizz Air UK began operations on the same day with the first flight between London Luton and Bucharest.
Wizz Air is now the eight largest airline group operating in the UK, with flights to 74 destinations in 23 countries from 9 UK airports. By the end of 2018, the airline is to operate a fleet of 8 brand new Airbus A320 and Airbus A321 aircraft, worth approximately $ 860 million (at list prices).