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102 new news items in the last 24 hours
5 June 13:17

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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International
foto:Lee Martin / Alamy / Profimedia
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

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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
sursa imagine
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

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Wizz Air was fined 500,000 euros by the Antitrust authority in Italy for promoting the misleading subscription 'Wizz All You Can Fly'.
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Current Affairs
Wizz Air reintroduces the "All You Can Fly" subscription, which faced criticism from environmental NGOs last year.
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Current Affairs
Wizz Air will introduce flights from Oradea International Airport to Milan, Rome, and Dortmund in 2026, with tickets available from 79 lei
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Current Affairs
Wizz Air will operate direct flights from Oradea Airport to Milan, Rome, and Dortmund, with fares starting from 79 lei
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Current Affairs
21 airlines, including Ryanair and Wizz Air, are abandoning misleading environmental claims at the request of the European Commission
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Economy
Boeing reported a loss of $5.4 billion in Q3, affected by high costs related to the certification of the 777X model, although revenues increased by 30%.
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Wizz Air operating profit drop high costs

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