Joseph Faraday
Chief Executive Officer
Replay available
Wizz Air Holdings Plc (LSE: WIZZ) Q4 2025 earnings conference call, held 2025-06-05. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Financial Officer
Analyst, JPMorgan
Analyst, Deutsche Bank
Analyst, Bernstein
Analyst, Jefferies
Analyst, Morgan Stanley
Analyst, GoodBuddy
Analyst, UBS
Good morning and welcome to Wizz Air's full year 2025 results. This is being broadcast live online and after the presentation there will be a full Q&A session. So with that I'll hand over to Joseph Faraday and Jan Malen. Thank you. Good morning everyone. Thanks for coming. So we are reporting the last financial year and obviously your interest is mostly on what's in front of us. We believe that indeed we are clear for takeoff. But at the same time, we are tainted over the short run, given the various issues we are facing. So let me talk about kind of how we see the next three years and what picture we are seeing developing there. First of all, we're seeing that we have a significant opportunity to win market shares in our markets. Centerny Syrup remains bread and butter for the company. This is where we are investing most of our growth capacity and we believe that we are in a unique situation that we actually can grow while our competitors will be contained. This is happening probably for the first time in our history when we have less constraint on our ability to grow while others will have significant constraints. Secondly, you look at technology as a significant driver of performance over the long run structurally. In the next three years or so, we're going to be fully converted into new technology. I mean, this is a significant benefit on fuel burn. This is a significant benefit in operating cost, and it brings significant environmental benefit to markets wherever we operate from. We continue to upgauge. We have done a big part of it, but still have sites to come through to 239 seats. We're going to be effectively an all A321 NEO operator in a short space of time. Again, this is a source of economic advantage, competitive advantage versus some of our competitors....