Don’t ditch the fuel surcharge just yet; Wizz IPO round 2; and an Intrepid headache

Wizz is back in the market for its €150m IPO, which is now due to float during this half of the year. As soon as oil prices went through the floor it became clear that the airline had to go for its IPO again after the first attempt was put on ice. The Hungarian low-cost carrier had expected to list in the UK on the LSE last June but pulled the plug as the outlook was volatile at best at that time with a myriad of airline shares taking a pounding on markets. We have been waiting for this announcement