Wizz Air denies sale talks with Air France / KLM

By Kevin Rozario |

Low-cost carrier Wizz Air – 10 years old this year – has denied a media report that it is in advanced talks to be acquired by Air France-KLM.

The Hungarian carrier, whose main hub is Budapest Airport but also has other bases in Europe, says: “Because of its success, Wizz Air receives unsolicited enquiries from time to time from interested potential investors. There are no such discussions currently underway.”

 

Wizz Air, which currently offers flights on over 300 routes in Europe and beyond, had hoped to float on the London Stock Exchange last month, but pulled out due to share instability and some volatility in the airline sector. It was expecting to raise around €200m ($273m) through the flotation to fund further route expansion.

Middle East

MEADFA Conference 2024 ‘heading to Abu Dhabi on 17-19 November’

This year’s Middle East & Africa Duty Free Association (MEADFA) Conference will take...

International

DFWC Q1 2024 KPI Monitor indicates rise in duty free impulse purchases

Impulse purchasing within global duty free is on the rise, according to the latest Duty Free...

Asia & Pacific

Avolta details “bold and ambitious” goals to grow its APAC business

With a number of key developments coming to fruition, including its operations at Wuhan Tianhe...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend