Wizz Air Profit Drops 61% Amid Engine Groundings

Wizz Air has reported a 61.7% drop in operating profit for fiscal year 2025, primarily due to ongoing issues with Pratt & Whitney’s GTF engines, which led to nearly 20% of its fleet being grounded. The low-cost carrier announced an operating profit of €167.5 million, down sharply from €437.9 million in FY2024.

Despite the setbacks, Wizz Air posted a net profit of €213.9 million, bolstered by strong travel demand in key markets such as Poland, Italy, and Hungary. The airline carried 63.4 million passengers, up from 62 million the previous year, and increased total revenue by 3.8% to €5.27 billion.

The engine-related disruptions were significant, with an average of 44 aircraft grounded throughout the year due to powder metal defects in the PW1100G-JM engines. As of May 2025, 37 aircraft remained grounded, with 34 expected to stay out of service through the first half of FY2026.

Still, the airline ended FY2025 with 231 aircraft, including 147 A321neos, making its average fleet age just 4.7 years, the youngest among major European carriers. The average seat count per aircraft also rose from 224 to 227 seats.

Wizz Air plans to add 42 new A321neo and 8 A321XLR aircraft in FY2026, while 18 older A320ceo-family jets will exit the fleet. The airline projects a 20% increase in capacity and a 2+ percentage point rise in load factor, though it has not provided full-year financial guidance due to market uncertainties.

Related News : https://airguide.info/?s=Wizz+Air