Hungarian airline Wizz Air revived plans to list in London on Wednesday, returning to an IPO market that remains cautious for mid-cap listings.

The budget airline announced Wednesday that it plans to list on the London stock market in the first quarter of 2015 in an effort to raise €150 million. Wizz Air had planned to raise €200 million in a planned London listing last May, but pulled the float in June citing market volatility in the airline sector.