Wizz Air ‘is not a good candidate’ for M&A, will focus on organic growth- CEO

Reuters

LONDON (Reuters) – Wizz Air “is not a good candidate” for mergers and acquisitions, but will focus on organic growth for the time being, its Chief Executive Jozsef Varadi said on Thursday.

Varadi made the comment in response to a question about a potential acquisition of British airline easyJet by Wizz Air during the CAPA World Aviation Summit in Gibraltar.

(Reporting by Joanna Plucinska and Ilona Wissenbach; Editing by Jan Harvey)

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