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Old 26th Oct 2022, 17:39
  #261 (permalink)  
 
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https://www.fitchratings.com/researc...bbb-25-10-2022
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Old 28th Oct 2022, 15:45
  #262 (permalink)  
 
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Wizz (or their insurers) appear to be getting nervous about basing aircraft in Chisinau, Moldova. Not surprising that they are cautious on the matter, given what happened earlier this year...
https://boardingpass.ro/wizz-air-inc...fi-suspendate/
https://autoblog.md/exclusiv-reactia...e-la-chisinau/

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Old 28th Oct 2022, 18:20
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A good excuse. They have no clue what will happen in December. Or next week as a matter of fact.
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Old 6th Nov 2022, 19:02
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Wizz Air named sustainability airline of the year
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Old 11th Nov 2022, 12:57
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Earlier this week, Abu Dhabi substantially relaxed the rules around Covid. In particular the need for a green pass via the al-Hosn app to enter any kind of public building (eg shopping mall) and have a PCR test on arrival have been largely scrapped.
Time perhaps for Wizz to add a few routes perhaps ?
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Old 21st Nov 2022, 04:52
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Seems Wizz U.K. are not a company you want to take legal action against, as they don’t comply with court orders. Even the bailiffs walk away empty handed.

https://www.thisismoney.co.uk/money/...zz-Air-UK.html
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Old 21st Nov 2022, 07:09
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After you won, Wizz failed to pay up so you put the matter in the hands of the court's bailiffs. They failed to collect a penny, telling you that, 'Wizz Air has no staff, offices, or assets in London Luton Airport.'
The CAA should find that response interesting. A look at G-INFO will identify some assets.
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Old 21st Nov 2022, 08:31
  #268 (permalink)  
 
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It’s a scandal that a Luton registered airline openly flouts UK law and worse still gets away with it.
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Old 21st Nov 2022, 08:51
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Originally Posted by LTNman
It’s a scandal that a Luton registered airline openly flouts UK law and worse still gets away with it.
I don't know, but am just surmising that perhaps the Wizz UK airframes aren't actually "owned" by the airline but leased and therefore it would be difficult to impound them against payment of CCJs as the lessors would have something to say on that. If the aircraft were "owned" by Wizz (the EU based business) and leased to the UK entity then that could make them difficult to take a lien against.

None of that precludes bailiffs knocking on the door of Wizz UK offices and walking away if assets such as IT equipment, the coffee machine and their like, or indeed a creditor taking out a winding up order against them should they desire to go to such extremes.
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Old 21st Nov 2022, 10:57
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Accounts filed at Companies House for year ending 31 March 2021 shows Wizz Air UK Ltd had tangible assets of £14.9m and cash/cash equivalents of £15.8m
Sounds to me like if bailiffs are going to enforce against Wizz UK, that they need to be more assertive
https://find-and-update.company-info...filing-history

Last edited by davidjohnson6; 21st Nov 2022 at 11:16.
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Old 21st Nov 2022, 16:14
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Wizz Air UK doesn't exist?

https://www.air101.co.uk/2022/11/wiz...exist.html?m=1


Airport Hundreds of staff of Wizz Air UK should check their contracts carefully as it seems the company they work for may not legally exist.


The company that took millions from the UK government at the height of the coronavirus pandemic and a subsidiary of the Hungarian Wizz Air doesn't have a legal presence in the UK. According to Mail on Sunday's financial investigator Tony Hetherington the airline has been ignoring a large number of court cases and orders for payment because the carrier says it has no legal presence in the UK.

This should be a big worry for all the passengers booked on Wizz Air UK flights in the coming months, as they will have no legal recourse should something go wrong. If it is true and Wizz Air UK has no legal presence in the UK it could very well mean its licence to operate as an airline is invalid and its planes and pilots flying illegally.

It appears according to Hetherington that the airline has ignored more than 400 county court judgments and not paid out the money the court has ordered it to pay and the airline hasn't given a reason why.

Has Wizz Air UK refused to pay out your county or other court judgement by telling you it has no presence in the UK? Is this just the tip of the iceberg or is something more sinister and serious? Is the airline ignoring the law because it wants to or is it not paying up because it can't? Hetherington reports that 'the group's recent accounts showed it lost about £336million last year, and had borrowings totalling almost £4 billion.' so maybe the cash has run out, either way, the UK's Civil Aviation Authority has been informed.

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Old 21st Nov 2022, 16:25
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as it seems the company they work for may not legally exist.
What total b*lloocks. See DJ6's link to companies house and the list of UK AOC holders - AOC numbefr 2449

https://www.caa.co.uk/media/5sdjfjjd...oclist_n_z.pdf
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Old 21st Nov 2022, 16:29
  #273 (permalink)  
 
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Wizz Air UK Limited most definitely exists and very much has a legal presence in England under English/Welsh law. Anyone who says otherwise is talking absolute bullsh*t. There has been no application in the last 12 months to dissolve, strike off or otherwise close the company.

Companies House doesn't lie
https://find-and-update.company-info...mpany/10982241

It's worth noting that Wizz Air Hungary Ltd has a legal presence in the UK at
Suite 1, 3rd Floor, 11-12 St James's Square, London, SW1Y 4LB
https://find-and-update.company-info...mpany/BR012809

A carefully drafted request to the court for a winding up order against either company will likely get a very quick response from the company secretary or directors showing a clear desire to retain a legal presence in the UK

I suspect this is very much a "do not want to pay and will give any kind of excuse" instead of a "cannot pay / cannot be made to pay"

Last edited by davidjohnson6; 21st Nov 2022 at 16:46.
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Old 21st Nov 2022, 16:35
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I forgot about Wizz U.K. taking millions from the government in Covid payments while now the airline refuses to comply with U.K. law. So why does the airline think court orders don’t apply to it.

The company is no better than some dodgy car dealer if that is their defence.

Last edited by LTNman; 21st Nov 2022 at 17:15.
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Old 16th Dec 2022, 17:53
  #275 (permalink)  
 
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https://www.aol.co.uk/news/regulator...122658216.html

Wizz Air has been slammed by the aviation regulator for “unacceptable” behaviour ​​​​​​​
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Old 18th Dec 2022, 01:44
  #276 (permalink)  
 
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https://www.standard.co.uk/news/uk/c...box=1671195237
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Old 18th Dec 2022, 18:18
  #277 (permalink)  
 
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If the assets in UK's balance sheet are "money in HU's bank and payment processor accounts that we're entitled to" then it would be difficult for UK bailiffs to do much. The only physical assets that can be identified from company's house information are only identifiable because of the prior charges on them in favour of leasing businesses.

UK's legal addresses are Luton airport and an address in a townhouse in London used by other unconnected overseas aviation businesses. I don't think any of us are aware of them having the sort of meaningful presence at Luton Airport of the same nature as that which, for example, bailiffs looking for easyJet could have fun with. None of the directors are British which would even make Orders To Obtain Information difficult and expensive or impossible.

I assume the individual claims are small, with the result that meaningful winding up proceedings would in almost all cases require a number of the CCJ holders to work together in order to meet financial limits (and share legal costs). This would succeed, but would be almost impossible for any individual to co-ordinate (even without attempts to frustrate; eg paying off the petitioner but not supporting creditors). It would have to be done by the sort of solicitors that texted and called people about "the accident you were injured in that wasn't your fault, the overdue essential repairs to the property you rent from a council or social landlord and / or the money you're owed by WizzAir". Anyone that got into organising this would want a significant cut of the amounts recovered :-(
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Old 18th Dec 2022, 20:47
  #278 (permalink)  
 
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Originally Posted by 01475
If the assets in UK's balance sheet are "money in HU's bank and payment processor accounts that we're entitled to" then it would be difficult for UK bailiffs to do much. The only physical assets that can be identified from company's house information are only identifiable because of the prior charges on them in favour of leasing businesses.

UK's legal addresses are Luton airport and an address in a townhouse in London used by other unconnected overseas aviation businesses. I don't think any of us are aware of them having the sort of meaningful presence at Luton Airport of the same nature as that which, for example, bailiffs looking for easyJet could have fun with. None of the directors are British which would even make Orders To Obtain Information difficult and expensive or impossible.

I assume the individual claims are small, with the result that meaningful winding up proceedings would in almost all cases require a number of the CCJ holders to work together in order to meet financial limits (and share legal costs). This would succeed, but would be almost impossible for any individual to co-ordinate (even without attempts to frustrate; eg paying off the petitioner but not supporting creditors). It would have to be done by the sort of solicitors that texted and called people about "the accident you were injured in that wasn't your fault, the overdue essential repairs to the property you rent from a council or social landlord and / or the money you're owed by WizzAir". Anyone that got into organising this would want a significant cut of the amounts recovered :-(
They will absolutely have GBP accounts for their UK entity with funds in. How quickly they move them round or how well they’re doing is another question, however.

I can guarantee with their current financial position, without a doubt, they’ll have security bonding with their payment processors anyways.
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Old 18th Dec 2022, 21:04
  #279 (permalink)  
 
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I thought the standard response from aviation regulators in major countries in Europe is "start paying out EU261 claims fairly, or you might find an aircraft on our turf has been arrested at short notice for some reason"
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Old 18th Dec 2022, 21:43
  #280 (permalink)  
 
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The CAA is one of a number of regulators whose task is to protect the public from bad practice from big companies. Sadly, like many of their ilk, they take the salaries but do little of the stuff they are paid to do. I emailed the CAA over an issue and I have never had the curtesy of a reply. Many airlines have abused this whole issue of refunds for years now. What is to prevent the CAA from calling any airline in and telling them to abide with the law or their licence could be up for review? The CAA is not the only regulator who talks a good game but does little in practice, in terms of protecting the public in this whole issue of refunds etc.
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