- New airline supports "Ghadan 21" initiatives to make UAE capital a globally attractive destination for business, tourism and living
Abu Dhabi Developmental Holding Company PJSC ("ADDH") announced today that it concluded the definitive agreement with its partner Wizz Air Holdings Plc ("Wizz Air"), Europe’s 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.
The agreement is a major milestone in the launch of Wizz Air Abu Dhabi, a new Emirati low-cost airline based in the UAE’s 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.
With Wizz Air Abu Dhabi’s 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’s AED 50bn accelerator programme Ghadan 21, which is driving the emirate’s development through investing in business, innovation and people.
Following the agreement, the airline development team has already initiated the process with the UAE General Civil Aviation Authority to obtain the carrier’s Air Operator Certificate and Operating License.
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.
Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.
For more information, visit adq.ae or write to firstname.lastname@example.org. You can also follow ADQ on Twitter, Instagram and LinkedIn.
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