Wizz Air reveals scale of grounded aircraft

Monday, 09 Jun, 2025 0

Wizz Air revealed 20% of its fleet is grounded over long running engine problems.

The airline group’s share price plunged after full year profit dropped by 62% to £141 million.

More than 40 aircraft are grounded.

Despite ongoing issues in Israel and Ukraine affecting operations, Wizz passenger traffic was a record 63.4 million during the fiscal year.

“Wizz Air is a more resilient business today. Despite the unproductivity of a grounded fleet, we successfully delivered a second year of profitability,” said CEO Jozsef Varadi.

“We have the benefit of more than a year of experience operating under unique circumstances.”

Its Airbus planes have been impacted by problems at engine maker Pratt & Whitney.

It is a long running problem that could persist until at least 2027.

Wizz Air inked a compensation package with Pratt & Whitney last year but this doesn’t shield it from all the related costs and revenue loss of grounding so many planes.



Related News Stories:  Jet2.com - TravelMole     Inteletravel.com - TravelMole     Saudi Tourism Authority (STA) - TravelMole    



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...