26 Jun 2023

Wizz Air appoints MHP Group for financial communications support

Low-cost airline Wizz Air has selected MHP Group to support its financial communications programme.

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This press release originally appeared in PR Week

Working with Wizz Air’s leadership team, our Capital Markets team will provide strategic counsel for the carrier’s programme of engagement with investors and financial media.

Founded in Budapest in 2003, Wizz Air was listed on the London Stock Exchange in 2015 and is a member of the FTSE 250. The airline has more than 180 aircraft, carrying over 50 million passengers a year across Europe and the Middle East.

Wizz Air was named Europe’s most sustainable airline in last year’s Centre for Aviation Awards for Excellence.

Ian Malin, chief financial officer at the airline, said: “Wizz Air has come a long way in the last 20 years, so it was right to reassess our approach to engaging with the financial markets.

“Throughout the tender process, we were impressed by MHP’s breadth of experience across aviation, the markets and the media.”

MHP Group managing director James McFarlane said: “Wizz Air is one of the most exciting airlines in Europe, with one of the youngest, most fuel-efficient fleets in the world.

“We are delighted to be working together as Wizz Air enters its next phase, with plans to more than double in size in the coming years.”

This win follows strong growth for MHP’s Capital markets team under the leadership of Oliver Hughes.

In the past year, it has advised on high-profile work including Shaftesbury’s £5bn merger with Capital & Counties, completion of Advent International’s £2.6bn takeover of Ultra Electronics and the launch of SSE’s £25bn renewable energy investment plan.

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