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Wizz Air shares rise as cuts 3rd-quarter net loss; summer bookings up

ALN

Wizz Air Holdings PLC on Thursday announced an increase in revenue and passenger figures in the last quarter of 2025.

The Budapest-based airline said passengers carried rose 13% to 17.5 million in the three months that ended December 31, Wizz’s financial third quarter, from 15.5 million a year before and revenue climbed 10% to €1.30 billion from €1.18 billion.

The load factor was 89.8% in the third financial quarter, lower than 90.3% a year prior, as seat capacity was increased by 13%.

Net loss narrowed by 42% to €139.3 million from €241.1 million.

Wizz Air said summer bookings are currently tracking ahead of last year and reiterated its full-year capacity growth expectations of around 10%, with a load factor above 91%.

Looking ahead, Wizz Air said: ‘We are forecasting flat YoY unit revenue for financial year 2026. Total unit costs for full financial year 2026 may see modest inflation versus last year as we forecast increased navigation costs from higher Eurocontrol rates, maintenance costs due to inflationary pressures, partly reflecting the uncertainty around Pratt & Whitney’s engine redeliveries from shop visits and higher depreciation costs related to the retirement schedule of the A320ceo family.’

Wizz expects between a net loss of €25 million and a net profit of €25 million in the financial year ending March 31, which at best would be 88% lower than its net profit of €213.9 million in financial 2025.

Chief Executive Officer Jozsef Varadi said: ‘We are steadily recovering from the engine related aircraft grounding and in the next fiscal year we are targeting to have an average of 20-25 aircraft on the ground due to powered metal issues.’

Wizz Air shares were up 5.3% to 1,363.00 pence each on Thursday morning in London, outperforming the wider FTSE 250 index, which was down 0.3%.

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