Wizz Air
European low-cost airline carrier operating flights across Europe, Middle East, and North Africa.
Company Type
public
Founded
2003
Headquarters
Budapest, Hungary
Stock
London Stock Exchange: WIZZ
Revenue
~$4 billion (estimated)
Employees
~7,000
Primary Market
Europe
About Wizz Air
Wizz Air is a publicly traded company owned by its shareholders. The airline was founded in 2003 by Indigo Partners, a private equity firm specializing in aviation investments. Wizz Air went public on the London Stock Exchange in December 2015. As a public company, Wizz Air is ultimately controlled by its shareholders, including institutional investors, retail investors, and Indigo Partners.
History of Wizz Air
Wizz Air was founded in 2003 by Indigo Partners as a low-cost airline serving Central and Eastern Europe. The airline began operations with a single aircraft and rapidly expanded its network across Europe. Wizz Air went public on the London Stock Exchange in December 2015, raising capital for fleet expansion and network growth. The company has since become the largest low-cost airline in Central and Eastern Europe.
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