Wizz Air Holdings Plc · LSE:WIZZ
Wizz Air — FY2026 Earnings Presentation
12 slides from Wizz Air's earnings presentation, Jun 11, 2026
Slide 1: F26 Results Presentation
WIZZ AIR HOLDINGS PLC F26 Results Presentation June 11, 2026 © 2004 - 2026 2025 Wizz Air Group DC1-Internal Data
Slide 2: F26 at a glance
F26 at a glance Continuing our strategic realignment Record 69.7m Gross cash €2.1bn; Leverage ratio 3.7x (vs F26 pre-tax €27m; EBITDA up 16% YoY passengers Net debt 4.4x); 12mth liquidity PAT €1.3m at €1.32bn +10% YoY €4.9bn (unchanged) ratio at 36% (vs 32%) • F26 profit before income tax up 37% yea
Slide 3: Progress against strategic initiatives
Progress against strategic initiatives Building a simpler, stronger and more resilient airline Optimize fleet technology Strategic base closures - Advantage engine deliveries start at end 2026 - Abu Dhabi closed September 2025 - NEOs now 77% of fleet by seats - Vienna closed in March 2026 All-NEO fl
Slide 4: Capacity growth, flat pricing and a positive EBITDA trend
Capacity growth, flat pricing and a positive EBITDA trend Summary data (€m) F26 F25 YoY (%) Unit data F26 F25 YoY (%) Ticket revenue 3,161 2,917 8.4% Ticket RASK (€ c) 2.39 2.40 -0.4% Ancillary revenue 2,530 2,351 7.6% Ancillary RASK (€ c) 1.92 1.93 -0.5% Total Revenue 5,691 5,268 8.0% TOTAL RASK 4
Slide 5: Costs still impacted by GTF disruption and CEO retirements
Costs still impacted by GTF disruption and CEO retirements yoy F26 CASK F25 CASK Summary Costs (€m) F26 F25 YoY(%) (€m) (€c) (€c) • Average of 41.9 grounded aircraft in year vs Fuel (1,764) (1,798) 34 (1.34) (1.48) (9.6%) 47.2 average in F25 (30 at year end vs 42) Staff costs (656) (565) (91) (0.5
Slide 6: Circa €1bn FCF in F26
Circa €1bn FCF in F26 ETS repo and convertible the only non-aircraft debt in place F26 EBIT to FCF bridge Summary • Year end gross cash of €2.1bn after the €500m bond repayment in January 2026. +58 +780 +167 -415 -1.026 • Net capex benefiting from the adjusted +1.210 PDP schedule and timing of SLBs
Slide 7: YoY shift in RASK share
Evolving passenger booking curves (Jan – May) Shifting reliance from early core windows to most last-minute demand in the wake of geopolitical instability Comments Shift in RASK generation window (Jan – May) • The Iran conflict introduced volatility, which 10% made it difficult to predict consumer b
Slide 8: Commercial initiatives
Commercial initiatives Europe’s “reliable” low-cost airline Network design Reliability In-flight connectivity Grow better Reduces cost and acts as a revenue lever The preferred European low-cost carrier • 99.99%: May completion rate (highest among competitors) • 84.84%: may first-wave D0 compliance
Slide 9: Outlook
Outlook Q1 ASKs +15% YoY, Seats +25% YoY given shorter stage length (more Europe, no Middle East) Capacity Q2 ASKs +20% YoY, Seats up high twenties percent (30% of Tel Aviv capacity now back) RASK Q1 RASK down mid-to-high single digit Q2 RASK flattish Load Factor Flat across H1 84% of H1 fuel needs
Slide 10: Thank you
WL wizzair.com THANK YOU
Slide 11: Airbus contract to underpin sustainable growth
Airbus contract to underpin sustainable growth Strategic upsizing to all-NEO fleet drives 11.7% seat 4yr CAGR, outpacing 6.9% aircraft growth A320CEO A321CEO A320NEO A321NEO A321XLR +7.2% 335 Summary 300 6 0 3 262 272 274 6 0 3 • Summer seat capacity growth expected to be 13 14 3 231 26 29 6 +27% Yo
Slide 12: Strong hedge positions with 77% of F27 jet fuel need covered
Strong hedge positions with 77% of F27 jet fuel need covered As at close on May 29 FUEL FX €/US$ EU/UK ETS* % of US$ leases 100% covered ** 84% 81% 83% 71% 72% 17% 17% F27 H1 F27 H2 F28 F27 H1 F27 H2 F28 F27 F27 *Inclusive of free allowances Av. ceiling US$/MT 826 819 861 1.170 1.205 1.203 ** portio