Wizz Air denies rumours of sale

Friday, 10 Jul, 2014 0

Budget airline Wizz Air has denied rumours started by a Dutch website that it is discussing a sale to Air France-KLM.

The website claimed Air France-KLM was in advanced negotiations to buy the Hungarian carrier, which operates flights from London Luton Airport.

Air France-KLM already owns low-cost, Netherlands-based airline Transavia.

However, Wizz Air said: "Because of its success, Wizz Air receives unsolicited inquiries from time to time from interested potential investors. There are no such discussions currently underway."

Wizz Air abandoned plans in June to float on the London Stock Exchange, via which it had hoped to raise €200 million to fundits expansion in east and central Europe. It blamed "market volatility in the airline sector".

 



 

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Linsey McNeill

Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk



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