Wizz Air shares sink

Wizz Air cuts annual profit forecast on rising costs
European low-cost airline Wizz Air cut its annual net income forecast for the second time in six months on Thursday, as it grapples with rising costs related to the grounding of planes due to engine problems and economic uncertainties.
Wizz Air shares tank after profit warning
Wizz Air slashed its annual profit forecast on Thursday despite quarterly losses more than halving amid record passenger traffic.
Wizz Air Shares Slump After Pretax Loss Widens on Higher Costs
Wizz Air booked a 160 million-euro charge related to foreign-exchange volatility, and said it has approved a hedging program to help mitigate this in future. Revenue rose to 1.18 billion euros from 1.06 billion euros, with ancillary revenue up 7.8% to 550.7 million euros. Passenger ticket revenue increased 13% to 626.2 million euros.
Cautious Outlook on Wizz Air Holdings Amid Financial Underperformance and Cost Concerns
Wizz Air Holdings (WIZZ – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Jaina Mistry
Wizz Air shares slump as cuts guidance amid cost and forex pressures
"While a non-cash item, it has the potential to introduce significant volatility to our reported profitability," Varadi explained. "Given the current volatility in FX, the board has approved a hedging program to help mitigate this in the future, the timing of which is yet to be determined given current ruling exchange rates."
Wizz Air cuts annual profit forecast
Wizz Air cut its annual net income forecast on Thursday, as the European low-cost airline grapples with costs related to the grounding of planes due to engine issues and economic uncertainties. The London-listed carrier now expects net income in the range of 250 million and 300 million euros ($312.
Wizz Air Reports On Q3 Challenges: Now Expects 137 Airbus A321 Planes Delivered By 2028
Wizz Air's CEO mentioned that management that the airline is currently negotiating a tender for engines for 177 A321neos.
AeroTime1h
Wizz Air reports €241.1M loss for Q3 FY 2025 amid fleet grounding, engine issues
Wizz Air has reported a net loss of €241.1M for Q3 FY 2025, citing operational challenges from grounding 20% of its fleet over issues with the GTF engine.
Wizz Air Shares Slump After Income Guidance Downgrade, Wider Pretax Loss -- Update
Shares in Wizz Air fell after the budget airline downgraded its fiscal-year net income outlook and said its pretax loss in the third quarter widened on higher costs. Wizz Air shares in early afternoon ...
Aviation Week2h
Aircraft Groundings Weigh Heavy On Wizz Air Performance
Wizz Air reported widening losses for the last quarter of 2024 as aircraft groundings and foreign exchange fluctuations ...
Wizz Air Posts Wider Loss In Q3; Revenues Up 10.5%
Wizz Air (WIZZ.L) posted a net loss for the third quarter of 241.1 million euros, compared to a loss of 105.4 million euros, prior ...
Wizz Air CEO may miss £100m bonus as share price falters despite passenger surge
Wizz Air's share price has struggled over the past year, meaning the budget carrier's CEO is unlikely to hit the huge bonus ...
Wizz Air shares plummet despite record traffic as planes grounded
Wizz Air's performance has been kneecapped by a recall of Pratt & Whitney 'geared turbofan' engines - or GTFs.
Romania Insider6h
Wizz Air to move Bucharest-Budapest flights to Băneasa Airport from March 30
Low-cost carrier Wizz Air announced that starting March 30, 2025, its flights between Bucharest and Budapest will be relocated from Henri Coandă International Airport to Bucharest Băneasa - Aurel ...