Wizz Air posted an annual operating profit of €167.5m, down 61.7%, due to grounded planes and high costs
Delia Niculescu
International
foto:Lee Martin / Alamy / Profimedia
Always see our news on Google
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.
Sources
Profitul Wizz Air a scăzut cu peste 60%, în principal din cauza avioanelor ţinute anul trecut la sol
Dezastru pentru Wizz Air: Acţiunile operatorului aerian low-cost s-au prăbuşit cu 24% după ce profiturile au scăzut cu peste 40%
Aeronavele ținute la sol afectează puternic Wizz Air: profit în scădere cu 61%
Profitul Wizz Air a scăzut cu 61%, în principal din cauza avioanelor ţinute la sol
Rezultatele Wizz Air, afectate de problemele la motoarele GTF. Profitul operațional a scăzut cu 61%
Profitul Wizz Air scade cu peste 60%: compania oferea, în mai, reduceri pentru a atrage pasageri
Latest News
18:39
Essex Police in the United Kingdom seized a Lamborghini Huracan suspected of travelling at more than twice the legal speed limit.
18:38
Romania has the highest student-teacher ratio in the EU, with 18.2 students per teacher in primary education
18:30
A man swam across the distance between Greece and Italy in 31 hours and 50 minutes
18:22
CEPS experts call on the EU to adopt a common strategy for AI risks, from discrimination and disinformation to cyberattacks and loss of control
18:17
Petrișor Peiu harshly criticizes the Ciolacu and Bolojan governments, accusing them of turning Romania into “the economic sick man of Europe”
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
