Wizz Air Holdings Plc (WZZAF)

Profile

https://wizzair.com

Wizz Air Holdings Plc is a Hungarian ultra-low-cost airline multinational group providing passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe, the Middle East, North Africa, and beyond. Headquartered in Budapest, Hungary, with its parent company registered in Saint Helier, Jersey, it operates under subsidiaries including Wizz Air Hungary, Wizz Air Malta, and Wizz Air UK, serving approximately 200 destinations in 55 countries via 924 routes as of recent data. Founded in 2003 by József Váradi and launched with its first flight in 2004 from Katowice to London Luton, the company emphasizes no-frills travel, direct booking, young efficient fleets, and primary/secondary airports to offer the lowest fares possible. As of late 2025, it maintains a modern all-Airbus fleet of 231 aircraft averaging under 4.7 years old, primarily A321neo models, positioning it as Europe's fastest-growing low-cost carrier and a leader in Central and Eastern Europe with a focus on sustainability through reduced CO2 emissions per passenger. In fiscal year 2025, it carried 63.4 million passengers with a 91.2% load factor, underscoring its significant role in democratizing affordable air travel.