Street Calls of the Week
Investing.com -- Wizz Air Holdings Plc plans to relocate almost half of the 450 workers affected by the closing of its Abu Dhabi operation to hubs across eastern Europe.
The budget carrier aims to retain between 150 and 200 staff members, including pilots, cabin crew and office workers, depending on how the relocation process unfolds, Chief People Officer Marion Geoffroy said in an interview.
"They’re relocating either to Hungary, Poland or Romania," she said Wednesday at an aviation conference in Lisbon. "We see that there is demand for our people to stay with Wizz."
Employees who are not transferring face visa restrictions, according to Geoffroy. The airline is working with carriers in the United Arab Emirates to help place these workers.
"Many people have been offered jobs with local airlines," she said. "People will not be without a job."
The Hungary-based airline suspended its Abu Dhabi operations last month as part of cost-cutting measures while dealing with engine issues, geopolitical challenges and regulatory barriers in the region.
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