Wizz Air reviews operations in war-torn Ukraine

Wizz Air reviews operations in war-torn Ukraine

Wizz Air is to further restructure operations in strife-torn Ukraine, following earlier capacity reductions last year.

The group’s Hungary-based arm will establish an operating base in Kiev with one Airbus A320 initially operating eight routes.

A second Airbus A320 currently based in Kiev will be redeployed to a new operating base in Kosice, Slovakia.

It will operate new routes to Milan Bergamo and Sheffield-Doncaster in early June.

The group’s Ukrainian subsidiary, Wizz Air Ukraine, will discontinue operations.

The eastern European carrier said it “stands ready for expansion as and when market conditions improve”.

The details emerged today in Wizz Air Holdings first trading update since its initial public offering earlier this month.

It confirmed that the group traded well through the fourth quarter and that its revenue and profit performance for the year ending 31 March 2015 is forecast to be in-line with the board’s expectations.

Results for the year ending March 31 are due to be published on May 27.


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