Wizz Air to return to growth in 2026 as ongoing engine compensation deal struck
1 week, 2 days ago

Wizz Air to return to growth in 2026 as ongoing engine compensation deal struck

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Low-cost European airline Wizz Air has said it is set to return to growth in 2026 as it revealed a two-year support and compensation agreement with engine maker Pratt & Whitney over the grounding of aircraft. The carrier said it had secured a commercial support agreement with Pratt & Whitney to the end of 2026, which includes both operational support and a compensation package covering the company’s direct costs due to aircraft grounding measures. The company continues to take proactive action to mitigate the financial and operational impact of the grounded aircraft Wizz Air The Hungarian airline has been impacted as it has been forced to ground Airbus aircraft to allow engines to be inspected, with half-year results last month showing operating profits slumped by a third to 349.2 million euros. Wizz Air said: “The company continues to take proactive action to mitigate the financial and operational impact of the grounded aircraft and will continue to work with Pratt & Whitney to ensure that aircraft are returned to operation as soon as possible.”

History of this topic

Wizz Air says engine issues will reduce capacity by 10%
1 year, 3 months ago

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