Wizz Air grounds London float June 16, 2014 HUNGARIAN low cost airline Wizz Air yesterday ditched plans to float in London due to turbulence in the airline industry, the second company to this year to shelve a market listing. The firm blamed “market volatility” in the airline sector for pulling the initial public offering of shares, which would have raised €200m (£160m) to [...]
Wizz Air abandons London IPO June 16, 2014 Low-cost Hungarian carrier Wizz Air has decided not to go-ahead with plans to for an initial public offering on the London Stock Exchange. The company had estimated the IPO would raise €200m. In a statement issued on Monday, Wizz Air said: Despite the positive response to our business story and the Company's growth opportunities and [...]