Wizz Air Secures Compensation Deal With Pratt & Whitney Over Grounded Planes
The Hungarian airline expects to return to growth in fiscal 2026 after addressing engine issues that have sidelined 40 aircraft.
- Wizz Air has reached a two-year agreement with Pratt & Whitney to address ongoing engine issues, including operational support and compensation for costs related to grounded planes.
- Approximately 40 Airbus A320neo family aircraft will remain grounded through fiscal 2026 due to required inspections of Pratt & Whitney's PW1100G-JM engines for microscopic cracks caused by metal contamination.
- The airline plans to offset capacity losses by adding 50 new Airbus A321neo aircraft in 2025–26, increasing its seat capacity by 20% and boosting its fleet's fuel efficiency.
- Wizz Air's profits have been significantly impacted, with a reported drop of more than 20% in the first half of its financial year, partly due to grounded aircraft and geopolitical challenges.
- The company anticipates a return to growth in fiscal 2026 as it continues to collaborate with Pratt & Whitney to expedite the return of grounded planes to service.