Abu Dhabi Developmental Holding Company, ADDH, announced today that it concluded the definitive agreement with its partner Wizz Air Holdings, Europe\u2019s fastest growing and greenest airline, to jointly establish Wizz Air Abu Dhabi. The low-cost airline is set to launch its operations at Abu Dhabi International Airport in Fall 2020.<\/p>\n\n\n\n
The agreement is a major milestone in the launch of Wizz Air Abu Dhabi, a new Emirati low-cost airline based in the UAE\u2019s capital. Wizz Air Abu Dhabi plans to start operations in the second half of the year, bringing low fares paired with a high-quality on-board experience to a range of destinations across Europe, the Middle East, Asia and Africa.<\/p>\n\n\n\n
With Wizz Air Abu Dhabi\u2019s recruitment activities set to commence in the coming months, the agreement will create new job opportunities, boost the economy and attract more visitors to Abu Dhabi. The announcement is also in line with Abu Dhabi\u2019s AED50 billion accelerator programme Ghadan 21, which is driving the emirate\u2019s development through investing in business, innovation and people.<\/p>\n\n\n\n
Following the agreement, the airline development team has already initiated the process with the UAE General Civil Aviation Authority to obtain the carrier\u2019s Air Operator Certificate and Operating License.<\/p>\n\n\n\n
Commenting on the announcement, Mohamed Hassan Al Suwaidi, CEO of ADDH, said, “Tourism is a high priority in Abu Dhabi\u2019s growth strategy. Significant investment is going not only into our airports but also the tourist infrastructure, including hotels, resorts and cultural attractions. Last year the emirate achieved a record high of 11.35 million visitors and a key driver for this is the connectivity that enables people to visit Abu Dhabi easily and affordably. Our partnerships with Wizz Air and others will help elevate the UAE\u2019s capital as a highly competitive regional and international destination for leisure and business travellers alike.”<\/p>\n\n\n\n
Jozsef Varadi, CEO of Wizz Air Holdings, said, “Today marks an important milestone on the way to establishing our new airline in Abu Dhabi. The joint venture agreement with Abu Dhabi Developmental Holding Company to form Wizz Air Abu Dhabi underpins our long-term dedication to bringing an economically and operationally highly efficient as well as environmentally most sustainable airline business model to boost Abu Dhabi\u2019s aviation development.”<\/p>\n\n\n\n
“Wizz Air\u2019s mission,” Varadi explained, “feeds into Abu Dhabi\u2019s diversified economic strategy as we aim to stimulate traffic by creating demand to the benefit of growing Abu Dhabi\u2019s touristic and economic diversity. We look forward to welcoming passengers on board our young, green and ultra-efficient fleet.”<\/p>\n\n\n\n
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.<\/p>\n","protected":false},"excerpt":{"rendered":"
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