Wizz Air Regulatory News (WIZZ)

16 Jun 2016 08:11

SENIOR MANAGEMENT UPDATE

GENEVA, 16 June 2016: 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, today announces that John Stephenson, the Group’s Executive Vice President has informed the Company of his decision to resign with effect from 24 August 2016.

John Stephenson has been with the Company since 2006, during which time he held the position of Chief Commercial Officer and went on to become Executive Vice President in 2009.

József Váradi, the Company’s Chief Executive Officer, commented:

“On behalf of the Board, management team and all of our colleagues, we would like to thank John for the significant contribution he has made to the Company over the last ten years. He has played a central role in building Wizz Air into the leading low cost carrier in CEE and one of the strongest airlines in Europe. We wish him all the best in the future.”

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ABOUT WIZZ AIR

Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 69 Airbus A320 and Airbus A321 aircraft, and offers more than 420 routes from 25 bases, connecting 124 destinations across 39 countries. At Wizz Air, a team of approximately 2,600 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 20 million passengers in the financial year ended 31 March 2016. 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. The company was recently named 2016 Value Airline of the Year by the editors of Air Transport World, one of the leading airline trade magazines.

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