By Anthony O. Goriainoff

 

Eastern Europe focused Wizz Air Holdings PLC said Thursday that it was temporarily suspending all flight operations in Ukraine after Russia began a military assault on the country and its airspace closed.

Shares at 1011 GMT were down 375 pence, or 10%, at 3,269 pence.

The London-listed budget airline operates around 117 routes from six airports in Ukraine and had recently announced a major capacity expansion in country after it signed the EU's Open Skies agreement last October.

"The safety and security of our passengers and crew remains our number one priority and we hope normality will to return to Ukraine soon," the London-listed budget airline said.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

February 24, 2022 05:32 ET (10:32 GMT)

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