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58 new news items in the last 24 hours
  1. Home
  2. International

Wizz Air posted an annual operating profit of €167.5m, down 61.7%, due to grounded planes and high costs

Delia Niculescu
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5 June 2025, 13:17
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International
foto:Lee Martin / Alamy / Profimedia
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Low-cost airline Wizz Air reported an operating profit of 167.5 million euros for the fiscal year ended March 31, 2025, below analysts' expectations. Problems with Pratt and Whitney-supplied engines led to the grounding of 20% of its fleet, limiting operating capacity. Although revenue rose 3.8%, CEO Jozsef Varadi warned that engine repair challenges would continue for another two to three years. Wizz Air will not provide guidance for 2026 due to current uncertainties.

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Economedia
Profitul Wizz Air a scăzut cu peste 60%, în principal din cauza avioanelor ţinute anul trecut la sol
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Ziarul Financiar
Dezastru pentru Wizz Air: Acţiunile operatorului aerian low-cost s-au prăbuşit cu 24% după ce profiturile au scăzut cu peste 40%
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Stiripesurse
Aeronavele ținute la sol afectează puternic Wizz Air: profit în scădere cu 61%
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Wall-street
Profitul Wizz Air a scăzut cu 61%, în principal din cauza avioanelor ţinute la sol
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Economica
Rezultatele Wizz Air, afectate de problemele la motoarele GTF. Profitul operațional a scăzut cu 61%
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Mediafax
Profitul Wizz Air scade cu peste 60%: compania oferea, în mai, reduceri pentru a atrage pasageri

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NEWS ON THE SAME TOPICS

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Economy
Wizz Air forecasts an increase in demand, despite concerns related to fuel.
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Current Affairs
Wizz Air confirms that it has no fuel supply issues, having 70% of its needs secured for the summer of 2026. The company rejects claims regarding exposure to price volatility.
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Wizz Air announces that it will not cancel flights and will not increase ticket prices, despite the rise in fuel prices.
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Lufthansa will incur additional costs of 1.7 billion euros in 2026. The company reported an operational loss of 612 million euros in the first quarter.
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IT&C knowledge
Wizz Air will introduce high-speed internet on board through Starlink starting in 2027, becoming the first low-cost airline in Europe to offer this service.
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Wizz Air cancels several routes from Romania; flights from Bucharest, Timișoara, Craiova, and Brașov are affected.
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Wizz Air operating profit drop high costs

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