Wizz Air planning to set up Maltese subsidiary
By Michele Maatouk
Date: Tuesday 17 May 2022
(Sharecast News) - Wizz Air said on Tuesday that it was planning to set up a Maltese subsidiary.
The budget airline intends to file an application for the subsidiary to be granted an Air Operator's Certificate (AOC) with the European Union Aviation Safety Agency (EASA) and an Operating Licence (OL) with the Malta Civil Aviation Directorate.
Subject to confirmation of its AOC and OL, Wizz Air Malta may begin operations in October with Malta-registered aircraft, Wizz said.
Chief executive officer József Váradi said: "We are pleased to announce our intention to establish a new airline subsidiary in Malta. Wizz Air is constantly evaluating the structure of its business and exploring options to establish new AOC's and bases in Europe and beyond.
"The successful establishment of Wizz Air Malta later this year will help to reinforce our strong position and support our expansion plans in Europe. We look forward to working with EASA and the Maltese CAA to take this application forward."
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