Wizz Air is planning to create a new subsidiary based in Malta to allow the budget carrier to continue expanding around Europe.
The Hungary-based carrier is already the fastest growing airline in Europe and now intends to set up Wizz Air Malta, which could begin flights in October 2022 using Malta-registered aircraft. The airline said it would apply for an Air Operator’s Certificate (AOC) for the new subsidiary.
Wizz Air’s CEO Jozsef Varadi 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 AOCs 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 (European Union Aviation Safety Agency) and the Maltese CAA to take this application forward.”
European airlines can now set up multiple AOCs across the continent with the arrangements being overseen by EASA.
Patrick Ky, executive director of EASA, added: “This new set-up, where one group will operate multiple AOCs based in different member states, but overseen by the same competent authority, demonstrates the possibilities available through the transfer of responsibilities to EASA.”