Ryanair suspends London - Podgorica service

GLOBAL AVIATION NEWS

Wizz Air to set up Maltese airline

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”. He added, he 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, noted, “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”. Malta’s Minister for Transport, Aaron Farrugia, said, “This airline will register a substantial number of aircraft in our country, further increasing the number of our already strong 9H fleet. In fact, it is expected to have a significant impact on our economy and generate further jobs. It will also lead to further opportunities and initiatives”.

Ryanair suspends London - Podgorica service

NEWS FLASH

Low cost carrier Ryanair has suspended its flights between London Stansted Airport and Podgorica, with the last service running this past weekend. Ryanair expects to lose 95% of its traffic in February and March, with few if any flights operating from the United Kingdom, because of the latest Covid-19 lockdown and travel restrictions. It expects to fly fewer than 1.25 million passengers in January and 500.000 in February and March, when it would usually carry approximately ten million a month. It said it would significantly cut flight schedules from January 21 so there would be few, if any, services to or from the UK “until such time as these draconian travel restrictions are removed”. No resumption date for the Podgorica service has been outlined. In its last full year of normal operations in 2019, Ryanair handled 36.766 travellers on the Stansted - Podgorica route. It was the airline's busiest service from the Montenegrin capital.

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Anonymous10:08
Good news for JU!
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