Quantcast

Wizz Air targets growth amid ongoing engine issues

Explore Japan for free? Japan Airlines offers free domestic flights to foreign travelers
Delta named Official Airline Partner of Birmingham City Football Club
American Airlines to Cut These Routes to Las Vegas, Orlando, and More — Here's Why
Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers
Southwest wouldn't really start charging for bags — right?
JD Power ranked this Midwest airport as the best among largest airports in North America
Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian
Air Canada could begin suspending flights soon as strike deadline nears
JetBlue's new ticket policy entitles every passenger to a carry-on bag
Why United Airlines’ CEO makes as few decisions as possible
American invests in the future of aviation maintenance with new jobs, additional work
DOT probe seeks to determine if frequent flyer programs are fair to travelers
American Airlines flight diverted after passenger starts vaping
Russian Airline Wants $100 Million From Canada for Seizing Its Giant Cargo Plane
Here's where American Airlines is adding flights to Europe in summer 2025
Major airline grounds Airbus A350 fleet, citing faulty engine component
Airline CEO wants airports to cap passengers at 2 alcoholic drinks to limit on-board disruptions
Regulator cuts Malaysia Airlines' air operator certificate duration after probe
United Airlines flight attendants are prepared to strike. Here's why it's still unlikely.
2 workers killed, 1 injured in tire explosion at a Delta Air Lines shop in Atlanta
Emirates Will Buy 5 Airbus A380s From Lessor For $200 Million
Delta Air Lines named official airline of the WNBA
Pair Of C-Suite Officials Depart Wheels Up
LAX Receives Final Cars for People Mover Train
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT
Alaska Airlines flight attendants reject new contract, union says there's 'more work to do'
Elliott Investment To Push For 10 New Boardroom Directors At Southwest Airlines
Alaska Air Backs JetZero Blended-Wing Design
AI in Aviation Line Maintenance: A Strategic Response to Delays, Satisfaction, and Staffing Challenges
Air taxi service plans for 2026 Los Angeles launch at USC, SoFi and LAX
Wizz Air targets growth amid ongoing engine issues
Policy
Webp wizzair ceo
József Váradi CEO of Wizz Air | Wizz Air Website

Wizz Air is set to increase its capacity by approximately 20% in the year leading up to March 2026, despite facing challenges with a portion of its fleet being grounded due to Pratt & Whitney GTF engine issues. The European low-cost airline revealed these plans alongside its fiscal year 2025 results on June 5, which indicated a significant decline in profits.

The airline's CEO, József Váradi, commented on the situation: “We emerged stronger, wiser, and better prepared… We will not relent on defending the ultra-low cost business model, delivering profitable growth and ultimately stakeholder value.”

Wizz Air ended FY25 with a net profit of €213.9 million ($243.7 million), marking a decrease of 41.5% from the previous year. Operating profit also fell by 61.7%, amounting to €167.5 million ($190.8 million). These declines were largely attributed to the grounding of up to 42 aircraft due to engine issues.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

To counteract these challenges and improve profitability, Wizz Air is revising its network strategy by eliminating unprofitable routes and concentrating on mature markets while increasing aircraft utilization. The carrier plans to move operations towards lower-cost secondary airports over the next three years.

According to Wizz Air's latest financial results, there has been a shift away from speculative growth towards consolidation in established markets. Romania, Poland, and Italy are expected to experience significant capacity increases as part of this strategy.

The airline anticipates expanding its Romanian fleet by 28%, with similar expansions planned for Poland (24%) and Italy (21%). Additionally, Wizz Air intends to open a new base in Yerevan, Armenia in October 2025 and expand operations at Bucharest Baneasa airport.

Despite ongoing engine issues affecting some of its fleet, Wizz Air continues with its expansion plans by adding new aircraft. During FY25, it received 26 new Airbus A321neo planes and expects further deliveries in FY26 that will bring its total fleet size to 263 aircraft by March 2026.

Wizz Air holds firm orders for additional A321neos and A321XLRs and aims for a fleet size of 281 aircraft by March 2027. With an average fleet age of just 4.7 years as of March 2025, Wizz maintains one of the youngest fleets among major European carriers.

Organizations Included in this History
More News

The UNI Africa Regional Conference concluded with a strong focus on consolidating working-class power.

Jul 6, 2025

In a recent rally at Gwanghwamun Square, UNI Global Union affiliates, including the Korea Finance Industry Union (KFIU) and the Korean Health and Medical Workers’ Union (KHMU), joined forces with national labor federations to advocate for stronger...

Jul 6, 2025

The Emirates Group recently held an exhibition titled "Tomorrow Takes Flight," showcasing its sustainability initiatives in aviation.

Jul 4, 2025

Air France-KLM has announced plans to take control of SAS Scandinavian Airlines by increasing its ownership stake to 60.5% by the end of 2026.

Jul 4, 2025

The International Air Transport Association (IATA) has expressed concerns over the Global Solidarity Levy Task Force's (GSLTF) proposal to impose a premium flyer levy, citing potential negative impacts on the airline industry and broader economic...

Jul 4, 2025

American Airlines, known for its extensive network of hub airports, once operated a significant hub at St. Louis Lambert Airport (STL) in Missouri.

Jul 4, 2025