WizzAir, Budapest // 05/08/2007
Hungarian low-cost airline on the London Stock Exchange; according to Daily Telegraph, leading bank companies are standing in a line to get the business of quoting WizzAir airline company on the London Stock Exchange. The Hungarian low-cost airline is held to be more valuable than its Spanish competitor, its secret is that is has earlier perceived the business chance by transporting Central Eastern European commuters before Ryanair. Accoding to the article WizzAir can get 200 million phounds (75 billion HUF) for its future expansions. Financial experts say that WizzAir is choosing its consultants to the transactionat the moment, companies like Goldman Sachs, JP Morgan and Morgan Stanley - the three companies which have run the same process of the spanish low-cost airline; Vueling as well - and UBS, Crédit Suisse and Citigroup are also interested.
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