MARCH 20TH, 2017
Wizz Air Holdings Plc: Promotion of Chief Operations Officer to Executive Vice President and Chief Operations Officer
Geneva, 20 March 2017: Wizz Air Holdings Plc (“Wizz Air” and the “Company”), the largest low-cost airline in Central and Eastern Europe, announces the promotion of Diederik Pen, Chief Operations Officer, to the role of Executive Vice President & Chief Operations Officer effective 1st April 2017.
Diederik Pen joined Wizz Air in January 2013 as Chief Operations Officer and has led the company’s operations team to deliver best-in-class, lowest cost and reliable operations for the airline. Wizz Air continues to achieve industry-leading utilization of over 12 hours a day of its fleet of Airbus A320 and A321 aircraft, which is one of the youngest fleets in Europe, and one of the lowest cancellation rates in the industry. Based in the Company’s Budapest operations headquarters and reporting to the Company’s Chief Executive Officer, the new position is a member of the Company’s executive team, with the Company’s Chief Flight Operations Officer and a number of other heads of functions as direct reports.
József Váradi, the Company’s Chief Executive Officer, commented:
“We are pleased to announce the promotion of Diederik Pen to the position of Executive Vice President and Chief Operations Officer. Diederik has played an important role in the successful delivery of significant growth and development of the business over the past 4 years. His promotion reflects the importance of a strong operations team to delivering 20% capacity growth in the current financial year and extending base operations to 28 cities in 15 countries in 2017, while maintaining best-in-class utilization and flight reliability. We look forward to Diederik’s continued and valued contribution to the business in his role as Executive Vice President and Chief Operations Officer.”