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Wizz Air Profit Slumps by 51.7% as Passenger Traffic Hits Record

Grounded aircraft over Pratt & Whitney engine faults drove costs higher, prompting the carrier to withhold profit guidance for fiscal 2026.

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Overview

  • Operating profit fell to €167.5 million in fiscal 2025 even as revenue rose 3.8% to €5.3 billion and passenger numbers reached a record 63.4 million.
  • An average of 44 aircraft were grounded during the year due to faults in Pratt & Whitney GTF engines, with the number on the ground forecast to fall to 34 by September.
  • Wizz Air secured a two-year compensation package from Pratt & Whitney at the end of 2024 to offset some of the operational and financial impacts from the groundings.
  • The airline has declined to provide profit guidance for 2025-26, citing limited visibility due to ongoing supply chain disruptions and regional conflicts.
  • Wizz Air plans to resume services to Ukraine roughly six weeks after regulatory approval and has ordered more than 300 Airbus jets valued at over $45 billion to support future growth.