Bob Lawson and Wizz Air

Wizz Air: Wizz Air blamed market volatility in the airline sector when it pulled its flotation last year, but said today it now plans to raise 150 million 113 million from new investors before the end of March. The Hungary-based company flies to 106 destinations on 350 routes, according to The Independent. Lakeside and private equity-backed Eurocell said they also plan to list in London with the latter appointing Bob Lawson as its new chairman and Experts predicted a flurry of pre-election, initial public offerings, with the low-cost carrier being joined by PVC windows maker Eurocell and contractor Lakeside in announcing plans to go public. Boss J zsef V radi said: Wizz Air represents an attractive opportunity to invest in the expected growth in the central and eastern European air-travel markets where a combination of deregulation, above average GDP growth, a growing middle class and supportive migration trends in an area with a large population is expected to drive higher propensity to air travel. (news.financializer.com). As reported in the news.