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's CEO mentioned that management that the airline is currently negotiating a tender for engines for 177 A321neos.
Wizz Air reported widening losses for the last quarter of 2024 as aircraft groundings and foreign exchange fluctuations ...
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 ...
Wizz Air has dramatically reduced its annual profit outlook, despite witnessing its quarterly losses fall by over half amidst ...
"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 ...
European low-cost airline Wizz Air cut its annual net income forecast for the second time in six months on Thursday, as it ...
AN AIRPORT in Europe wants to be the “first five star regional airport” on the continent ahead of a huge new terminal. Sofia ...
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 ...
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's performance has been kneecapped by a recall of Pratt & Whitney 'geared turbofan' engines - or GTFs.
Wizz Air slashed its annual profit forecast on Thursday despite quarterly losses more than halving amid record passenger ...