Wizz Air in the context of "FTSE 250 Index"

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⭐ Core Definition: Wizz Air

Wizz Air Holdings Plc., stylized as W!ZZ, is a Hungarian ultra-low cost airline multinational group headquartered in Budapest, Hungary. The company includes subsidiaries Wizz Air Hungary, Wizz Air Malta, and Wizz Air UK. The airlines serve numerous cities across Europe, as well as some destinations in North Africa, the Middle East, and South and Central Asia. As of 2023, the airline group has its largest bases at Budapest Ferenc Liszt International Airport, Bucharest Henri Coandă International Airport, and London Luton Airport and flies to 194 airports. Its parent company, Wizz Air Holdings plc, is registered in Jersey and listed on the London Stock Exchange. It is a constituent of the FTSE 250 Index.

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In this Dossier

Wizz Air in the context of Leonardo da Vinci–Fiumicino Airport

Leonardo da Vinci Rome Fiumicino Airport (Italian: Aeroporto internazionale di Roma-Fiumicino "Leonardo da Vinci") (IATA: FCO, ICAO: LIRF) is an international airport in Fiumicino, Italy, serving Fiumicino, Rome, its metropolitan city, the Lazio region and the Vatican City. It is the busiest airport in the country, the eighth-busiest airport in Europe and the world's 39th-busiest airport with over 49.2 million passengers served in 2024. It covers an area of 16 km (6.2 sq mi).

Fiumicino serves as the main hub for ITA Airways, the Italian flag carrier and the largest airline in the country, and Poste Air Cargo. It was previously the hub for Alitalia, the defunct airline that was Italy's largest and main flag carrier. It is also an operating base for several other airlines, such as AeroItalia, easyJet, Neos, Ryanair, Vueling and Wizz Air.

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Wizz Air in the context of Low-cost airlines

A low-cost carrier (LCC) or low-cost airline, also called a budget or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees, such as for carry-on baggage.

The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. The term is often applied to any carrier with low ticket prices and limited services regardless of their operating models. Low-cost carriers should not be confused with regional airlines that operate short-haul flights without service, or with full-service airlines offering some reduced fares.

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Wizz Air in the context of Vienna International Airport

Vienna Airport (IATA: VIE, ICAO: LOWW) is an international airport serving Vienna, the capital of Austria. It is located in Schwechat, 18 km (11 mi) southeast of central Vienna and 57 kilometres (35 mi) west of Bratislava, the capital of Slovakia. Its official name according to the Austrian Aeronautical Information Publication is Wien-Schwechat Airport. It is the country's largest airport and serves as the hub for Austrian Airlines as well as a base for low-cost carriers Ryanair and Wizz Air and since April 2025 also for leisure airline Condor. It is capable of handling wide-body aircraft up to the Airbus A380. The airport features a dense network of European destinations as well as long-haul flights to Asia, North America and Africa.

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Wizz Air in the context of Košice International Airport

Košice International Airport (Slovak: Medzinárodné letisko Košice) (IATA: KSC, ICAO: LZKZ) is an international airport serving Košice, Slovakia. It is the second largest international airport in Slovakia. It is located 6 km (3.7 mi) to the south of St Elisabeth Cathedral, 230 m (750 ft) above sea level, covering an area of 3.50 km (1.35 sq mi). It serves both scheduled and charter, domestic and international flights. Airport capacity is 800,000 passengers a year as of 2012.

Košice Airport operates 9 direct flights to the following destinations - Prague (Ryanair), Warsaw - Fryderyk Chopin Airport (LOT Polish Airlines), Zürich (Swiss International Air Lines), Vienna (Austrian Airlines), London - to London Luton Airport (Wizz Air) and London-Stansted Airport (Ryanair), Liverpool (Ryanair), Dublin (Ryanair), Zadar (Ryanair). More than 300 destinations are available with a maximum of one change.

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Wizz Air in the context of Traditional airline

In the United States, a legacy carrier is an airline that was once economically regulated by the Civil Aeronautics Board (CAB) during the period of airline regulation 1938–1978 or can trace its origin to one that did. The CAB was a now defunct federal agency that tightly controlled almost all US commercial air transport during that period. As related below, many features associated with the legacy airline business model were actually developed not during the regulated era, but instead in the first decade or so of the deregulated era, as legacy carriers adapted to an unfamiliar competitive environment.

While the term "legacy carrier" is most often used in a US context, it is possible to speak of legacy carriers elsewhere, since tight airline regulation was once the global norm and following US airline deregulation, many other countries went through some kind of airline deregulation. Non-US carriers with origins that precede liberalization can be viewed as legacy carriers. For instance, in Europe, flag carriers such as British Airways, Air France, KLM, Iberia, and Lufthansa, (with origins well before the liberalized era) can be viewed as legacy carriers in contrast to airlines such as Ryanair, EasyJet, Wizz Air, and so forth.

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