Abu Dhabi Developmental Holding Company PJSC (ADDH) announced that it has reached an agreement in principle for the establishment of a local airline in Abu Dhabi in partnership with Wizz Air Holdings Plc, Europe’s greenest airline and the largest low-cost airline in Central and Eastern Europe. The new airline will be Wizz Air’s first airline established outside of Europe.
It is intended that the low-cost airline will be formed via a joint venture with Wizz Air, and operations are expected to launch in the second half of 2020. The airline will focus on establishing routes to markets in which Wizz Air has existing, high growth operations, namely Central and Eastern and Western Europe, as well as the Indian subcontinent, Middle East and Africa, over the long run.
