LONDON, May 22 (Reuters) - Hungarian low-cost airline WizzAir is to float on the London Stock Exchange, Central andEastern Europe's largest budget airline said on Thursday,seeking to sell 200 million euros ($273.3 million) in new sharesto strengthen its balance sheet.
Wizz Air, which has a fleet of 46 Airbus planes, hadrevenues of 1 billion euros in the year ending 31 March 2014,and net profit of 89 million euros. The listing is being run byBarclays and Citi and JP Morgan, withNomura acting as lead manager. ($1 = 0.7318 Euros) (Reporting By Freya Berry; editing by Clare Hutchison)