Wizz Air (W6, Budapest) says it will wind up its Wizz Air Ukraine (Kyiv Igor Sikorsky) subsidiary operations on April 20 in line with the ongoing restructuring of the Group's operations in Ukraine.
"Following the removal of two aircraft from Ukraine last year, further capacity refinement and restructuring of Wizz Air’s operations in Ukraine were needed due to the ongoing instability in Eastern Ukraine, the devaluation and volatility of the local currency and the impact of foreign exchange controls," Wizz Air said in a London Stock Exchange disclosure.
The Hungarian budget carrier said that one of Wizz Air Ukraine's two A320-200s - UR-WUA (cn 3531) and UR-WUB (cn 3741) - will be redeployed to Wizzair's Kosice, Slovakia base where it will be used to serve Milan Bergamo and Doncaster/Sheffield in June. The other will be used to re-establish Kyiv Igor Sikorsky as a base for its Hungarian parent serving Budapest, Dortmund, London Luton, Cologne/Bonn, Hamburg Luebeck, Katowice Pyrzowice, Larnaca, Memmingen initially.
As such, the following Kiev routes will be discontinued: Girona, Valencia Manises, Kutaisi, Moscow Vnukovo, Naples Capodichino, Milan Bergamo, and Venice Treviso while flights from Lviv to Milan Orio al Serio, Naples, and Venice Treviso will also be axed.
Wizz Air says that any future growth in the Ukrainian market is dependent on an improvement in local economic and geopolitical conditions.
