|Company slogan||Now we can all fly.|
|Parent company||Wizz Air Holdings Plc|
|Key people||Bill Franke, (Chairman)
József Váradi, (CEO)
Diederik Pen, (COO)
|Revenue||1,571.2 million (2017)|
|Operating income||246.7 million (2017)|
|Net income||246 million (2017)|
Wizz Air, legally incorporated as Wizz Air Hungary Ltd. (Hungarian: Wizz Air Hungary Légiközlekedési Kft.), is a Hungarian low-cost airline with its head office in Budapest. The airline serves many cities across Europe, Israel and the United Arab Emirates. It has the largest fleet of any Hungarian airline, although it is not a flag carrier, and currently serves 42 countries.  Its Jersey based parent company, Wizz Air Holdings Plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The airline was established in September 2003. The lead investor is Indigo Partners, an American private equity firm specializing in transportation investments. The first flight was made from Katowice International Airport on 19 May 2004. The airline's CEO is József Váradi, former CEO of Malév Hungarian Airlines. The company is registered in Pest County (Hungary).
In 2011, Wizz Air carried 11 million passengers (15% more than in 2010), including 4.2 million passengers on Polish routes (only 2% more than in 2010). Recently Wizz opened new bases in Bosnia-Herzegovina, Bulgaria, Czech Republic, Georgia, Latvia, Lithuania, Macedonia, Moldova, Romania, Serbia, Slovakia and Ukraine. However, Poland is still the largest market for Wizz Air.
On 4 October 2012, Wizz Air launched a new cabin bag policy to encourage customers to bring smaller baggage on-board following a successful month-long trial on the London Luton and Katowice route. This means that a smaller (42x32x25cm) cabin bag can be taken on board for free; larger cabin bags (56x45x25cm) would incur a fee varying between 10 or 30.
The current Head office can be found in Laurus offices, Budapest since March 2016. The new building has 5 floors, which gives the company more space than any of the former headquarters. Previously, its head office was at Budapest Liszt Ferenc International Airport.
While attempting to hasten SkyEurope's demise in June 2009, Wizz Air claimed it had been "profitable for several years". However, as a private company it is not required to publish its financial accounts - annual reports are still available. In November 2009, it emerged that Wizz Air was significantly loss-making and had never made a profit while delaying the pay-back of 32 million of debt by five years. Losses since commencing operations total 78 million, which, in 2009, fueled suggestions that the airline would file for bankruptcy. Since then Wizz Air reported profits in 2012, in 2013, in 2014 and in 2015. Wizz Air has the second lowest CASK (cost per available seat km) among European airlines.
As of April 2015, Wizz Air had created subsidiaries in three countries, but these no longer exist:
Wizz Air started new services between Katowice and London Gatwick in 2008. In January 2008, flights started from Gdansk to Gothenburg, Bournemouth and Coventry. In summer 2008, Wizz Air restarted summer seasonal services from Katowice and Budapest to Girona, as well as a new weekly service to Girona from Gdask. Other summer services from Budapest are Heraklion, Corfu, Burgas and Varna; from Katowice to Crete-Heraklion and Burgas; and Warsaw to Corfu and Burgas. It also restarted its three-times-weekly service from London Luton Airport to Burgas. On 2 October 2008, Wizz Air announced that a number of its Romanian services would have increased frequency following an order for three Airbus A320 aircraft.
In February 2012, Wizz Air announced that it would start flights from Debrecen International Airport to London, beginning 18 June 2012. On 11 September 2012, Wizz Air announced new routes to and from Tel Aviv, Israel.
On 11 April 2013 Wizz Air announced that it would start flights from Budapest Airport to Baku's Heydar Aliyev International Airport starting from 17 June 2013. On 26 June 2013, Wizz Air announced entry into the Slovakian market, adding one new route from Koice International Airport starting from September 2013.
On June 26 2015 the airline opened its 19th base, at Tuzla International Airport in Bosnia and Herzegovina and deployed one new Airbus A320 aircraft at the airport. With one aircraft stationed at the airport, Wizz Air opened new routes to Memmingen (near Munich) and Torp (near Oslo), commencing on 26 June 2015, as well as to Hahn (near Frankfurt) and Skavsta (near Stockholm), commencing on 28 June 2015.
As of 31 May 2017, the Wizz Air fleet consists of the following aircraft:
|Airbus A320-200||64||7||180||One in Budapest2024 Livery |
|Airbus A321-200||21||20||230||One in Budapest2024 Livery. Deliveries from 2017 to 2019 |
|Airbus A321neo||110||239||Deliveries from 2019 to 2024|
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