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Wizz Air Plagued By GTF Issues; Degrading Margins
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Wizz Air misses the winner's maintenance due to Pratt & Whitney engine problems and withdraws from Abu Dhabi. All details and episodes in the supervising...
Wizz Air Plagued By GTF Issues; Degrading Margins
On July 24, 2025, Wizz Air announced its 1Q26 results, with the Hungary-based low-cost carrier ending the three months to June 30, 2026, with a net profit of €38.4 million ($45.1 million), representing an improvement of 3,109.3 % compared to 1Q25. However, its operating profit, despite an 11% capacity growth, dropped to €27.5 million ($32.3 million). According to József Váradi, CEO of Wizz Air, the airline approached FY26 with two key focus area…
Wizz Air's operating profit for the first quarter of the financial year ended 30 June 2025 was EUR 27 million. This is 38.3% less than last year. This result is significantly lower than analysts' forecasts, the average of which was EUR 87 million.
Wizz Air closes Abu Dhabi base – good decision, but problems were foreseeable
Wizz Air's 14-Jul-2205 announcement that it would close its Abu Dhabi base from 1-Sep-2025 was not really a surprise. The group had signalled that it would at least scale back the operation, which is a joint venture with Abu Dhabi Development Holding Company. Now into its fifth year, Wizz Air Abu Dhabi accounts for only c5% of Wizz Air Group seats and aircraft, but it reduced the group's net profit by 15% in FY2025. Moreover, the joint venture h…
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