Wizz Air Faces Losses from GTF Engine Issues and Delivery Delays

Wizz Air continues to grapple with ongoing Pratt & Whitney PW1000 engine issues, which have led to the grounding of 37 aircraft as of May 9, 2025. According to the airline’s annual report for the fiscal year ending March 31, 2025, 34 jets are expected to remain out of service through September 2025, with maintenance turnaround times nearing 300 days per aircraft.

Despite the disruption, Wizz Air remains confident in its long-term fleet outlook. CEO József Váradi stated that the number of grounded aircraft is expected to decline in fiscal year 2026. The airline has secured a new commercial support agreement with Pratt & Whitney, ensuring compensation for both 2025 and 2026.

Meanwhile, Wizz Air has adjusted its Airbus A321XLR delivery expectations. Originally planning for ten aircraft, the airline now anticipates only eight A321XLRs in its fleet by March 2026. The first unit, G-XLRA, entered service on May 20, operating routes between London Gatwick and Jeddah.

The airline group, which includes Wizz Air Hungary, Wizz Air Malta, Wizz Air UK, and Wizz Air Abu Dhabi, currently operates a fleet of 237 aircraft. These include 35 A320-200s, 41 A321-200s, 6 A321neo, 1 A321XLR, and 154 A321neo aircraft.

Wizz Air reported a net profit of EUR167.5 million (USD191 million) for fiscal year 2025, representing a 61.7% decline year-on-year. However, total revenue rose by 3.8% to EUR5.26 billion (USD6 billion), as passenger traffic increased to 63.4 million from 62 million in the prior year.

Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com

Tags: chaviation

Wizz Air Faces Losses from GTF Engine Issues and Delivery Delays

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