European low-cost airline Wizz Air invests €5.6M in sustainable aviation fuel company Firefly

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Summary

Budapest-based Wizz Air, an ultra-low-cost airline, announced on Monday, April 24, that it has invested £5M (approximately €5.6M) in biofuel company Firefly to support its operations in the UK with sustainable aviation fuel (SAF) from 2028. This marks Wizz Air’s first equity investment in sustainable aviation fuel research and development.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors Firefly Systems Lead investors
Company - Funded company

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