The newly formed airline Wizz Air Malta Ltd. will not replace the existing Wizz Air Hungary, but is part of the diversification strategy, explained President Robert Carey. The offshoot will be launched under EASA-AOC with a Maltese operating license.
became official Wizz Air Malta Ltd. incorporated in the Maltese commercial register on May 5, 2022. The seat is currently in a law firm in the capital, Valletta. The sole shareholder is WAM Ventures Holding Ltd. visible in the MBR. This company resides at the same address and was also entered in the company register on May 5, 2022. Sole owner of WAM Ventures Holding Ltd. is Wizz Air Holdings plc based in St. Helier, Jersey.
The Board of Directors of Wizz Air Malta Ltd. is composed as follows: Robert Carey, Jozsef Varadi, Heiko Holm and Michael Delehant. WAM Ventures Holding Ltd. is headed by Heiko Holm. Varadi is also CEO of the Wizz Air Group and Carey has served as President since joining the group from Easyjet.
The latter manager did not want to go into detail about the plans that Wizz Air Malta Ltd. express haunted. He merely emphasized that the new aviation operation will be in the air in addition to the existing Wizz Air Hungary. When asked about possible bases, Carey said that they have not yet been determined. Just like Wizz Air Hungary you will fly with an EASA-AOC. The key difference between the two air carriers is that the Hungarian air carrier has an operating license from the Hungarian Civil Aviation Authority. The startup will have a Maltese Operating License from TM-CAD. The WIzz President simply gave “diversification strategy” as the reason for setting up a second EU carrier within the Wizz Air Group. Even a few weeks ago the company was taciturn.