Daily News Hungary

(MTI) – Hungarian low-cost airline Wizz Air has cancelled recently announced plans to list its shares on the London Stock Exchange.

Wizz Air announced the cancellation on the London Stock Exchange website on Monday.

The company cited the current volatility on the market as the reason for the decision.

Business daily Financial Times said in an analysis on Monday that the European carriers sector had been past a difficult week with profit warnings issued by Lufthansa, Aer Lingus.

Source: http://mtva.hu/hu/hungary-matters

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