Stobart Group Limited London Southend Airport signs Wizz Air agreement (8382J)
22 Agosto 2019 - 8:00AM
UK Regulatory
TIDMSTOB
RNS Number : 8382J
Stobart Group Limited
22 August 2019
22 August 2019
STOBART GROUP LIMITED
('Stobart Group' or 'the Company')
London Southend Airport signs agreement with Wizz Air
Stobart Group, the aviation, energy and civil engineering group,
is pleased to announce a new partnership with the largest low-cost
airline in Central and Eastern Europe, Wizz Air. Wizz Air is listed
on the London Stock Exchange as Wizz Air Holdings plc (LSE:
WIZZ).
From Thursday 22 August 2019, Wizz Air will put on sale three
new routes from London Southend Airport to Bucharest (Romania),
Sibiu (Romania), and Vilnius (Lithuania). Wizz Air will operate 14
weekly flights from the airport, using Airbus A320 aircraft.
As a result of the new routes, which will start in October and
November, the airport expects to welcome an additional 250,000
passengers in the first year of the 5-year agreement, as London
Southend Airport, London's fastest growing airport, builds towards
its target of 5 million passengers per annum by February 2023.
Wizz Air has joined an increasing number of operators based at
London Southend Airport, including easyJet, Air Malta, Ryanair,
Loganair and Flybe (Connect Airways). Customers now have more than
40 domestic and European destinations from which to choose.
Thanks to London Southend Airport's rail links, it takes just
over 50 minutes for passengers to travel to and from London
Liverpool Street, situated at the centre of the UK capital. New
early and late trains have also been put on, with six trains
per-hour at peak times.
Warwick Brady, CEO of Stobart Group, said: "The agreement with
Wizz Air is another significant milestone in the development of the
UK's fastest-growing airport, London Southend Airport. The
partnership increases the domestic and European destinations we can
offer customers to more than 40 by adding exciting and increasingly
popular destinations in Central and Eastern Europe.
"Last year, we increased passenger numbers at London Southend
Airport by one-third to more than 1.5 million. This is part of our
plan to become London's next big airport as we aim to hit our
target of 5 million passengers per annum by February 2023. 2019 has
also seen substantial progress at London Southend Airport. Not only
in terms of more airlines starting services, but the continued
development of the airport's infrastructure and retail
offering.
"These improvements include new early and late trains from
London Liverpool Street and enhanced food and beverage options in
the terminal, as we build towards our target of GBP8 EBITDA per
passenger.
"We are pleased that this easy access to London continues to
attract more airline partners, such as Wizz Air, to London Southend
Airport. The frequent train services have also helped increase the
growth of the airport, which is now seeing more than 65% of its
customers travelling from the Inner London area, and London
Southend Airport's ease-of-use and customer service has seen
consumer group Which? rank it the best London airport for five
consecutive years."
Enquiries:
Stobart Group Limited c/o Newgate Communications
Charlie Geller, Head of Group Communications
Newgate Communications +44 203 757 6880
Robin Tozer stobart@newgatecomms.com
Ian Silvera
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END
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