Wizz Air IPO: Low-cost carrier gets first-class treatment after listing in London February 25, 2015 Wizz Air soared yesterday as its shares commanded an eight per cent premium on its offer price during conditional trading. The Hungarian budget airline, which was founded in 2003, has expanded rapidly in recent years as the budget airline capitalised on the collapse of Hungarian flag carrier Malev in 2012. The growth rate saw passenger [...]
Wizzair back on the flotation runway February 4, 2015 EASTERN European-focused budget airline Wizz Air has resurrected plans to list on the London Stock Exchange, seeking to raise €150m (£113m) to help compete with larger rival Ryanair. Hungary-based Wizz, whose rivals also include EasyJet, pulled a plan for an initial public offering last June, citing market volatility in the airline sector.
Wizz Air IPO: Budget airline reschedules float February 4, 2015 Hungarian airline Wizz Air will get its UK IPO after all. The budget carrier had expected to list in the UK last June, but pulled the plug, pointing the finger at volatile share prices among its competitors. Now, Wizz seems ready to launch in the UK again, sometime in the first quarter of this year. The [...]
Wizz Air grounds London float June 16, 2014 HUNGARIAN low cost airline Wizz Air yesterday ditched plans to float in London due to turbulence in the airline industry, the second company to this year to shelve a market listing. The firm blamed “market volatility” in the airline sector for pulling the initial public offering of shares, which would have raised €200m (£160m) to [...]
Wizz Air abandons London IPO June 16, 2014 Low-cost Hungarian carrier Wizz Air has decided not to go-ahead with plans to for an initial public offering on the London Stock Exchange. The company had estimated the IPO would raise €200m. In a statement issued on Monday, Wizz Air said: Despite the positive response to our business story and the Company's growth opportunities and [...]