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Market Cap: £1.03b
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Senior Management Update

31 Aug 2018 13:30

RNS Number : 4309Z
Wizz Air Holdings PLC
31 August 2018
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SENIOR MANAGEMENT UPDATE

Wizz Air Holdings Plc

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31st August 2018: Wizz Air Holdings plc ("Wizz Air" or "the Company" and together with its subsidiaries, the "Group"), the largest low-cost airline in Central and Eastern Europe and one of the fastest-growing airline groups in Europe, today announces that it has appointed Joel Goldberg to the newly-created position of Chief Digital Officer.

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Mr. Goldberg, currently Senior Director Technology, Europe for Nike, will take up his position on 1st October 2018. He will report to Stephen Jones, Executive Vice President and Deputy Chief Executive Officer and be responsible for the Group's E-commerce, Data Analytics and Automation, IT Innovation and IT Infrastructure and Services functions.

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Wizz Air's commitment to the United Kingdom market continues. The operations of the Company's wholly-owned UK-licensed airline, Wizz Air UK, will become increasingly significant within the Group as its London Luton-based fleet of brand new Airbus A320 and Airbus A321 aircraft grows to a total of 9 aircraft by the end of 2018 and the number of local employees reaches almost 350. Reflecting this growth, Owain Jones, currently the Company's Chief Corporate Officer, becomes the Managing Director of Wizz Air UK with effect from 1st September 2018, reporting to the Group's Chief Executive Officer, József VÔradi.

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Marion Geoffroy, currently Head of Legal, will be promoted to Chief Corporate Officer also with effect from 1st September 2018, reporting to the Group's Chief Executive Officer. Marion will be responsible for the legal, human resources and facilities functions.

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József VÔradi, Chief Executive Officer, commented:

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"From the very start, digital technology has been a foundation of WIZZ's success, with 96% of our sales coming through wizzair.com, already one of the world's top ten most-visited airline websites. However, the world around us and our customers are becoming ever-more focused on digital channels and technologies. Joel Goldberg's appointment as Chief Digital Officer will ensure that Wizz Air's digital development not only keeps up with, but also anticipates the future needs of our customers as well as improving efficiency across the business as we continue our mission to become the undisputed cost-leader among European airlines.

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Also importantly, we remain highly driven by the market opportunities for the Wizz brand and customer proposition in the United Kingdom and as a result we continue to invest by building our network and operations as well as enhancing our leadership and organizational capacity in the country. Owain is an experienced and long-standing Wizz Air executive who will lead the next stage of development of Wizz Air UK."

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About Wizz Air

Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 104 Airbus A320 and Airbus A321 aircraft, and offers more than 600 routes from 25 bases, connecting 142 destinations across 44 countries. At Wizz Air, a team of approximately 4,500 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 30 million passengers in the last 12 months. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share Indices. Wizz Air is registered under the International Air Transport Association (IATA), Operational Safety Audit (IOSA), the global benchmark in airline safety recognition. The company was recently named 2017 - European Airline of the Year by Aviation 100, a renown annual publication that recognizes the year's most outstanding performers in the aerospace industry.

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For more information:

Investors:

Balint Veres, Wizz Air:

+36 1 777 9349

Media:

Sorina Ratz, Wizz Air:

+36 1 777 9376

Edward Bridges / Jonathan Neilan, FTI Consulting LLP:

+44 20 3727 1017

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Follow us on Twitter: @wizzair

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Notes for Editors:

Ā· All flights operated on Airbus A320 aircraft, with 180 seats and A321 aircraft with 230 seats

Ā· New Airbus A321 deliveries started in November 2015

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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