Wizz Air faces financial challenges in 1H2025
Profits fall despite revenue and passenger growth
In the first half of the 2025 fiscal year, Wizz Air showed a mixed financial performance, characterized by a decrease in profits and modest growth in revenues and passenger numbers. Financial details reveal that the Hungarian airline's net profit decreased by 21.3% to EUR 315.2 million, while the operating result suffered a more marked decline, falling by 33.2% to EUR 349.2 million. EBITDA declined by 5.9% to EUR 826 million, with the operating margin losing 1.9 percentage points to 26.9%.
One of the main factors behind these results was the increase in operating costs, aggravated by the necessary GTF engine inspections that resulted in the grounding of some aircraft. Despite these challenges, Wizz Air recorded a slight increase in revenue, which rose to EUR 3.07 billion compared to EUR 3.05 billion in the same period of 2023, and a 0.8% increase in passenger traffic, with a total of 33.3 million passengers carried.
József Váradi, the airline's CEO, highlighted the importance of cost control and managing operational challenges, adding that demand is not expected to decline based on recent bookings. Looking ahead, Wizz Air is optimistic, expecting an improvement in the second half of the year, despite geopolitical uncertainties in the Middle East. The carrier expects a 1% increase in flight capacity and a load factor of 92%, with net profit expectations of between EUR 350 million and EUR 450 million for the end of the fiscal year.
AVIONEWS - World Aeronautical Press Agency