IAI's Bedek Aviation Group to Provide Maintenance and Technical Services to Hungarian Wizz Air

Oct. 9, 2017
The agreement covers a broad range of aircraft maintenance services that will be carried out at IAI's campus near Tel-Aviv International Airport, with close attention to minimal ground time between flights

October 9, 2017- The Bedek Aviation Group of Israel Aerospace Industries (IAI) has signed agreements for Line maintenance and technical services to one of the leading carriers: Wizz Air from Hungary. The agreement covers a broad range of aircraft maintenance services that will be carried out at IAI's campus near Tel-Aviv International Airport, with close attention to minimal ground time between flights and in order to maximize operational and economic effectiveness.

The maintenance services will be carried out by Bedek's Aircraft Division which its diversified services portfolio includes line and base aircraft maintenance, Engines & Landing Gear Overhaul, Lease and Sale, and Components Service.

Currently, Bedek provides line services to 60% of the airlines that land at Tel Aviv Airport. Wizz Air airline is joining a prestigious list of customers, which includes several of the industry most prominent players that receive first-class line services from IAI's Bedek Aviation Group.

Yosef Melamed, EVP and General Manager of Bedek Aviation Group, commented, "We are excited about the contracts entered with Wizz Air. This is an opportunity to expand our client base for maintenance and technical services. Most of our clients regard us as their 'second home for maintenance', consistently choosing us to perform maintenance works with a larger scope than those required for short-term parking under the aviation regulations. Bedek's line services uniqueness is by giving an immediate solution thanks to its special capabilities: airplanes, engines and accessories. We are proud to provide our services to the world's best airlines and seek to continue expanding our client base."

Heiko Holm, Chief Technical Officer at Wizz Air, said: “As we continue to grow our operations in Israel, we are glad to start our collaboration with Bedek Aviation Group, an excellent provider for our line maintenance and technical services in the country. Wizz Air prides itself on having one of the youngest, most efficient fleets in

Europe and Bedek Aviation Group is a reliable and efficient partner that will use its expertise to ensure that our aircraft meet the highest standards in safety.”

In addition to line maintenance services provided by Bedek, the Airlines will benefit from the Group's long legacy of over 63 years' experience in the MRO industry and its comprehensive maintenance services for aircrafts, engines and components all under one roof in Tel Aviv Airport.

Israel Aerospace Industries:

IAI Ltd. is Israel’s largest aerospace and Defense Company and a globally recognized technology and innovation leader, specializing in developing and manufacturing advanced, state-of-the-art systems for air, space, sea, land, cyber and homeland security. Since 1953, the company has provided advanced technology solutions to government and commercial customers worldwide including: satellites, missiles, weapon systems and munitions, unmanned and robotic systems, radars, C4ISR and more. IAI also designs and manufactures business jets and aerostructures, performs overhaul and maintenance on commercial aircraft and converts passenger aircraft to refueling and cargo configurations.

About Wizz Air:

Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 85 Airbus A320 and Airbus A321 aircraft, and offers more than 550 routes from 28 bases, connecting 142 destinations across 43 countries. At Wizz Air, a team of approximately 3,300 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 23.8 million passengers in the financial year ended 31 March 2017. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share Indices. Wizz Air is registered under the International Air Transport Association (IATA), Operational Safety Audit (IOSA), the global benchmark in airline safety recognition. The company was recently named 2016 Value Airline of the Year by the editors of Air Transport World, one of the leading airline trade magazines, as well as 2016 Low Cost Airline of the Year by the Center for Aviation (CAPA), a leading provider of independent aviation market intelligence.