# Wizz Air

> Hungarian low-cost airline

**Wikidata**: [Q335147](https://www.wikidata.org/wiki/Q335147)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Wizz_Air)  
**Source**: https://4ort.xyz/entity/wizz-air

## Summary
Wizz Air is a Hungarian low-cost airline founded in 2003, operating as a public company that offers its securities to the general public. It is part of a network of subsidiaries and related entities, including Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria, and is headquartered in Budapest, Hungary.

## Key Facts
- Founded in 2003, with its headquarters in Budapest, Hungary.
- Operates as a public company, offering its securities to the general public.
- Owned by Wizz Air Hungary Airlines Ltd. and has subsidiaries including Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria.
- Uses the Airbus A320 family for its fleet, including models like the A318, A319, A320, and A321.
- Has a revenue of €2.55 billion and a net profit of €261.3 million.
- Employed 7,300 people as of the latest data.
- Operates under the stock exchange symbol W6 and has a website at wizzair.com.
- Has aliases such as Wizz Air Hungary Airlines Ltd., Wizz Air Hungary, and WZZ.
- Defunct subsidiary Wizz Air Ukraine operated from 2008 until its closure.

## FAQs
**What type of company is Wizz Air?**
Wizz Air is a public company that offers its securities to the general public, allowing shareholders to buy and sell its stock on a public market.

**Who owns Wizz Air?**
Wizz Air is owned by Wizz Air Hungary Airlines Ltd. and has subsidiaries such as Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria.

**What aircraft does Wizz Air use?**
Wizz Air operates the Airbus A320 family, including models like the A318, A319, A320, and A321.

**Where is Wizz Air headquartered?**
Wizz Air is headquartered in Budapest, Hungary, at BUD International Airport, Building 221H-1185, Kőér street 2/A, Building B, H-1103 Budapest.

**What is Wizz Air's revenue and net profit?**
Wizz Air reported a revenue of €2.55 billion and a net profit of €261.3 million.

**How many employees does Wizz Air have?**
Wizz Air employs approximately 7,300 people.

**What is Wizz Air's stock symbol?**
Wizz Air trades under the stock symbol W6 on the stock exchange.

**What are Wizz Air's aliases?**
Wizz Air is also known as Wizz Air Hungary Airlines Ltd., Wizz Air Hungary, and WZZ.

**Does Wizz Air have any defunct subsidiaries?**
Yes, Wizz Air Ukraine was a defunct subsidiary that operated from 2008 until its closure.

## Why It Matters
Wizz Air plays a significant role in the global aviation industry as a low-cost carrier, offering affordable flights to passengers while maintaining a strong operational network. Its public company status allows it to raise capital through stock offerings, supporting its expansion and fleet growth. The airline's use of the Airbus A320 family ensures efficiency and reliability in its operations. With subsidiaries in multiple regions, including Abu Dhabi and Malta, Wizz Air has established a presence in key markets, enhancing its competitive position. Its financial performance, with a revenue of €2.55 billion and a net profit of €261.3 million, underscores its success in the industry. The airline's commitment to employing 7,300 people reflects its contribution to the economy and its role in providing employment opportunities. Overall, Wizz Air's operations and strategic expansions contribute to the growth of the aviation sector and its impact on global travel.

## Notable For
- Being a public company that offers its securities to the general public.
- Operating a fleet of Airbus A320 family aircraft, including the A318, A319, A320, and A321.
- Having subsidiaries in multiple regions, such as Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria.
- Reporting a revenue of €2.55 billion and a net profit of €261.3 million.
- Employing 7,300 people, contributing to the economy and providing employment opportunities.
- Trading under the stock symbol W6 on the stock exchange.
- Having a website at wizzair.com for customer access and information.

## Body

### Definition and Core Characteristics
Wizz Air is a Hungarian low-cost airline founded in 2003, operating as a public company that offers its securities to the general public. It is headquartered in Budapest, Hungary, and has a network of subsidiaries, including Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria. The airline uses the Airbus A320 family for its fleet, ensuring efficient and reliable operations. Wizz Air has a revenue of €2.55 billion and a net profit of €261.3 million, reflecting its financial success. It employs 7,300 people, contributing to the economy and providing employment opportunities. The airline operates under the stock symbol W6 and has a website at wizzair.com for customer access and information.

### Terminology and Aliases
Wizz Air is also known by several aliases, including Wizz Air Hungary Airlines Ltd., Wizz Air Hungary, and WZZ. These aliases reflect its identity and branding across different platforms and regions.

### Classification and Type
Wizz Air is classified as a public company, which means it offers its securities to the general public, allowing shareholders to buy and sell its stock on a public market. It is a joint-stock company and a specific legal form of organization, distinct from private companies.

### Ownership and Governance
Wizz Air is owned by Wizz Air Hungary Airlines Ltd. and has subsidiaries such as Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria. Its governance is provided by a board of directors elected by the shareholders, ensuring a separation of ownership and control.

### Global Presence and Recognition
Wizz Air has a global presence, with subsidiaries operating in multiple regions, including Abu Dhabi, Malta, and Bulgaria. Its operations are recognized internationally, contributing to the growth of the aviation industry. The airline's use of the Airbus A320 family ensures a strong operational network, supporting its expansion and market presence.

### Financial Performance
Wizz Air has reported a revenue of €2.55 billion and a net profit of €261.3 million, reflecting its financial success and operational efficiency. Its public company status allows it to raise capital through stock offerings, supporting its growth and fleet expansion.

### Fleet and Operations
Wizz Air operates a fleet of Airbus A320 family aircraft, including models like the A318, A319, A320, and A321. This fleet ensures efficient and reliable operations, contributing to the airline's success in the industry. The airline's use of the Airbus A320 family is a key factor in its operational efficiency and market competitiveness.

### Subsidiaries and Related Entities
Wizz Air has a network of subsidiaries and related entities, including Wizz Air Abu Dhabi, Wizz Air Malta, and Wizz Air Bulgaria. These subsidiaries enhance its presence in key markets and support its operational network. Additionally, Wizz Air Ukraine was a defunct subsidiary that operated from 2008 until its closure.

### Stock Exchange and Trading
Wizz Air trades under the stock symbol W6 on the stock exchange, allowing shareholders to buy and sell its stock on a public market. This public company status supports its capital raising and operational growth.

### Website and Customer Access
Wizz Air has a website at wizzair.com, providing customers with access to information and services. The website is a key platform for customer engagement and information dissemination.

### Employment and Economic Contribution
Wizz Air employs 7,300 people, contributing to the economy and providing employment opportunities. Its operational network and financial performance reflect its positive impact on the economy and its role in the aviation industry.

### Historical Context and Evolution
Wizz Air was founded in 2003 and has evolved into a significant player in the global aviation industry. Its operations and strategic expansions have contributed to its growth and market presence. The airline's use of the Airbus A320 family and its public company status have been key factors in its success.

### Related Projects and Collaborations
Wizz Air collaborates with Airbus for its fleet operations, using the Airbus A320 family to ensure efficiency and reliability. Its subsidiaries, including Wizz Air Abu Dhabi and Wizz Air Malta, enhance its presence in key markets and support its operational network. These collaborations and partnerships contribute to the airline's success and growth.

### Community and Social Impact
Wizz Air's operations and financial performance contribute to the economy and provide employment opportunities. Its public company status and stock exchange trading support its capital raising and operational growth, reflecting its positive impact on the aviation industry and the economy.

## References

1. [Bloomberg Businessweek](http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=9263282)
2. Virtual International Authority File
3. Freebase Data Dumps. 2013
4. [2023](https://wizzair.com/en-gb/information-and-services/investor-relations/general-information)
5. [Compagnie Française d'Assurance pour le Commerce Extérieur. 2019](https://www.coface.cz/content/download/186543/3096111/file/CER-CZ-CEE_Top_500_2019_booklet.zip)
6. Google Knowledge Graph
7. [Cheap Flights | Book Direct for Best Deals | Wizz Air](https://wizzair.com/en-gb#app)
8. Quora
9. [Source](http://web.archive.org/web/20160902020006/https://wizzair.com/en-gb/information-and-services/contact/contact-us#/)
10. [Source](http://web.archive.org/web/20181028192016/https://www.erstegroup.com/de/news-media/news-views/2016/04/21/wizz-air-laurus-offices-budapest)
11. [Source](http://web.archive.org/web/20111123195938/http://www.bud.hu/english/business-and-partners/property)
12. [Source](http://web.archive.org/web/20180201031847/https://wizzair.com/en-gb/information-and-services/contact/contact-us#/)
13. [Source](https://web.archive.org/web/20090312090822/http://wizzair.com/about_us/company_information/?)
14. [Source](https://golden.com/wiki/Wizz_Air-R9EVJX)
15. YouTube API