Wizz Air Holdings PLC National travel ban in Poland (1878G)
16 Marzo 2020 - 1:00AM
UK Regulatory
TIDMWIZZ
RNS Number : 1878G
Wizz Air Holdings PLC
15 March 2020
This announcement was first issued by Wizz Air Holdings Plc
on Saturday 14 March 2020
Wizz Air Holdings Plc
NATIONAL TRAVEL BAN IN POLAND FORCES WIZZ AIR TO SUSPEND ALL
POLISH FLIGHTS
Ticker: WIZZ
Geneva, 14 March 2020 : Wizz Air Holdings Plc ("Wizz Air" or the
"Company"), the largest low-cost airline in Central and Eastern
Europe, today announced that as a result of the travel restrictions
imposed on all foreign flights announced by Prime Minister Mateusz
Morawiecki effective as of 00:00 HRS March 15, 2020, the airline
has suspended all its flights to and from Poland until further
notice.
The travel restrictions come as a response to minimise the
spread of COVID-19 pandemic. Starting from 00:00 HRS local time on
15 March 2020, no foreign citizens will be allowed to enter Poland,
while Polish citizens arriving from abroad will be placed in
quarantine. Passengers with bookings affected by flight suspensions
will be automatically informed via e-mail, in case the customers
booked directly on wizzair.com or via the airline's mobile app. The
health and safety of crew and passengers remains Wizz Air's top
priority.
The travel ban imposed by the Polish government affects 20% of
Wizz Air's capacity. At this point in time it is difficult to
predict the duration and the impact of the COVID-19 pandemic on
Wizz Air as governments across Europe are implementing strategies
to cope with the virus, however, the company's ultra-low cost
business model and our strong balance sheet with EUR1.3bn of free
cash (as at 31 December 2019) provide a solid foundation and a
significant competitive advantage in the current challenging
environment for airlines, while also making us a long-term
structural winner in the aviation sector.
The Company will provide a pre-close year end trading statement
ahead of the Company's full year F20 close period that starts on 1
April 2020.
ABOUT WIZZ AIR
Wizz Air, the largest low-cost airline in Central and Eastern
Europe, offers more than 710 routes from 25 bases, connecting 154
destinations across 45 countries. A team of more than 5,000
aviation professionals delivers superior service and very low fares
making Wizz Air the preferred choice of 40 million passengers in
the past 12 months. WIZZ operates an all-Airbus fleet of 121
aircraft. Its A320s are equipped with 180 seats, its A321s with 230
seats and its A321neo aircraft with 239 seats. According to the
latest data of the Swiss airline intelligence provider CH-Aviation,
Wizz Air has one of the youngest airline fleets in the world. 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 one of
the world's top ten safest airlines by airlineratings.com, the
world's only safety and product rating agency, and 2019 - Airline
of the Year by Air Transport Awards the only international awards
that recognizes the year's most outstanding performers in the
aerospace industry in the most important categories.
- Ends -
For more information:
Investors: Evelin Horvath, Wizz Air +41 22 555 9863
Media: Tamara Vallois, Wizz Air: +36 1 777 9324
Edward Bridges / Jonathan Neilan, FTI Consulting
LLP: +44 20 3727 1017
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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March 16, 2020 03:00 ET (07:00 GMT)
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