Wizz Air could seek state aid in the UK

The budget carrier revealed on Tuesday (21 April) it is eligible for support under the government’s Covid Corporate Financing Facility.

Earlier this month, easyJet secured £600 million from the fund in the form of a commercial loan to further boost its liquidity.

In a short stock market statement, Wizz said it had received confirmation it is an eligible issuer under the UK government’s Covid Corporate Financing Facility.

The carrier added: "Wizz Air remains focused on further strengthening the company’s robust balance sheet and excellent liquidity with €1.5 billion cash at the end of March 2020, one of the strongest in the airline industry."