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Shares in Wizz Air Holdings PLC fell on Friday after Indigo Partners LLC reported the sale of a £125 million chunk of the low-cost carrier. The Phoenix, Arizona-based private equity firm owns stakes in several budget airlines, including Budapest-based Wizz, Frontier Airlines Inc in the US and Chile’s JetSmart Airlines Spa. Indigo Hungary LP and Indigo Maple Hill LP, both funds managed by Indigo Partners LLC, sold 10.0 million Wizz Air shares to institutional investors at 1,250 pence per share, raising gross proceeds of £125 million. Wizz Air shares fell 8.5% to 1,222.20 pence on Friday morning in London. As of Friday, Indigo Hungary and Indigo Maple Hill retain 14.7 million shares, just over a 14% chunk of Wizz Air voting rights, alongside continuing to hold convertible shares and notes in the company. ‘The placement was driven by certain investors in the funds managed by Indigo Partners seeking to realise their investment following an extended holding period,’ noted JP Morgan Securities PLC, which was appointed joint bookrunner for the placing with Morgan Stanley & Co International. Placing proceeds are payable in cash, with settlement due on or around Tuesday. Wizz Air itself has not sold or issued any shares, and will not receive any proceeds, JP Morgan Securities noted. Separately on Friday, Wizz Air reported that London-based lender Barclays PLC had cut its stake below the reporting threshold last Friday, from 5.17% previously. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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