Wizz Air Holdings Plc · LSE:WIZZ
Wizz Air — Q3 2026 Earnings Presentation
11 slides from Wizz Air's earnings presentation, Jan 29, 2026
Slide 1: F26 Q3 Results Presentation
WIZZ AIR HOLDINGS PLC F26 Q3 Results Presentation January 29, 2026 © 2004 - 2026 2025 Wizz Air Group DC1-Internal Data
Slide 2: Continued execution of strategic alignment
Continued execution of strategic alignment (all figures Q3) Passenger numbers EBITDA up End Q3 cash at Net loss of ASKs +11.1% YoY up +12.5% YoY +12.2% €1.98bn, net debt €139m vs a €241m RASK -0.8%YoY to 17.5m to €176m at €5.2bn loss last year ➢ Revenue grows 10.2% to 1.3B on 12.5% passenger increas
Slide 3: Q3 Capacity deployment & risk mitigation narrow net loss
Q3 Capacity deployment & risk mitigation narrow net loss Summary data (€m) Q3 F26 Q3 F25 YoY (%) Unit data Q3 F26 Q3 F25 YoY (%) Ticket revenue 697 626 11.3% Ticket RASK (€ c) 2.06 2.05 0.2% Ancillary revenue 600 551 8.9% Ancillary RASK (€ c) 1.77 1.81 -2.0% Total Revenue 1,296 1,177 10.2% TOTAL RA
Slide 4: Costs developing as expected through fleet transition
Costs developing as expected through fleet transition Costs (€m) Q3 F26 Q3 F25 yoy Q3 F26 Q3 F25 YoY(%) Summary (€m) CASK (€c) CASK (€c) Fuel 475 417 58.3 1.40 1.37 2.6% • Q3 CASK +2.3% YoY, ex-fuel CASK +2.1% Staff costs 158 141 16.8 0.47 0.46 0.8% • The depreciation costs reflected the timing of
Slide 5: Neutral FCF in Q3, with gross cash standing at €2bn
Neutral FCF in Q3, with gross cash standing at €2bn Further paydown of non-aircraft related debt occurred in January F26 Q3 EBIT to FCF bridge Summary • Neutral FCF over December quarter -4 • Net CAPEX remained in positive territory, -23 +187 with incoming rebates on prior paid -260 predelivery paym
Slide 6: 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 Summary +6.9% 334 0 • The major fleet reset, announced in 299 6 2 0 2 November 2025, saw a total of 88 Airbus 271 273
Slide 7: Strategic initiatives continuing
Strategic initiatives continuing Building a simpler, stronger, resilient and more reliable airline Optimize fleet technology - Advantage engine to be seen by end of 2026 Strategic base closures - Wizz Air to be flying an all-NEO fleet in calendar 2029 6 1 - AUH entity wind up on track - Vienna to cl
Slide 8: Ukraine – upside potential from well-planned opportunity
Ukraine – upside potential from well-planned opportunity Wizz Air is the go-to airline to rebuild Ukrainian connectivity The Plan post ceasefire Enhanced Market Share Opportunity 30 inbound 60 routes 150 routes routes Aircraft based locally c.15m seats In 2019, total seat capacity stood at 27m. Wizz
Slide 9: FY26 Outlook
FY26 Outlook F26F full year Capacity ▪ F26 up ~10% YoY for ASK capacity; low double-digit increase in seat capacity Load factor ▪ Flat, YoY RASK ▪ Flat, YoY ▪ Total CASK flat to up low single digit YoY CASK ▪ Ex-fuel unit costs mid-single-digit higher (consistent with prior commentary) ▪ Fuel CASK:
Slide 10: Thank you
WL wizzair.com THANK YOU
Slide 11: Hedge program positions
Hedge program positions As of 22 January 2026 % of US$ leases FUEL FX EURUSD EU/UK ETS* 100% covered ** 87% 83% 81% 59% 55% F26 3 F27 12 F26 3 F27 12 F26 F26 months months months months *Inclusive of free allowances Weighted average ceiling US$/MT 749 716 1.15 1.18 ** portion of net USD exposure (US