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Wizz Air Holdings PLC WZZAF

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Morningstar’s Analysis

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Company Profile

Business Description

Wizz Air is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. In 2020, the company carried 40 million passengers, utilizing a fleet of 121 Airbus A320 aircraft across its 900 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 2.8 billion in 2020.

44 The Esplanade, Ogier House
St Helier, JE4 9WG, Jersey
Sector Industrials
Industry Airlines
Most Recent Earnings Dec 31, 2020
Fiscal Year End Mar 31, 2021
Stock Type
Employees 5,300