LONDON, July 5 (Reuters) - Eastern Europe's largest budgetairline Wizz Air has appointed three banks to manage a plannedinitial public offering in London, people with knowledge of thematter said.
Barclays, Citigroup and JP Morgan will manage the IPO, the sources said, speaking on condition ofanonymity.
London's Stock Exchange has seen a flurry of companies rushto list on its markets this year, including estate agentCountrywide Holdings and life insurer PartnershipAssurance, as firms look to capitalise on rising equitymarkets and a recovery in investor confidence.
Budapest-based Wizz Air flies more than 250 routes acrossEurope and has a fleet of more than 40 Airbus planes.
Rivals Easyjet and Ryanair are also listedin London.
A spokesman for Wizz Air declined to comment, as didspokesmen for the three banks.