Business
Post-Close F26 Trading Update
Wizz Air expects to report a breakeven to slightly positive net profit for the full year ended March 31, 2026, driven by stronger revenue and a well-hedged macroeconomic environment, concluding the year with €2.1 billion in cash. Despite near-term uncertainty from the Middle East conflict impacting fuel costs and demand, the airline is approximately 70% hedged for summer fuel at around $720 per metric tonne and benefits from a fuel-efficient fleet, with A321neos comprising 75% of its aircraft and consuming 18% less fuel. Scheduled capacity for the first half of the current year is up 28% year-on-year, with 44% of forward bookings sold, reflecting positive network development and strategic use of promotional fares to maintain momentum amid geopolitical challenges. Disclaimer*
About this update from Wizz Air Holdings Plc
Post-Close F26 Trading Update 12 May 2026 Wizz Air plc ('WIZZ') THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION Post-Close F26 Trading Update Wizz Air expects to report a breakeven to slightly positive net profit result for the full year ended 31 March 2026. The net income improvement versus previous guidance resulted from stronger underlying revenue and a well-hedged macroeconomic mix. Wizz ended the financial year with a strong liquidity position, reporting a total cash position of €2.1bn. Looking forward, the conflict in the Middle East has introduced near-term uncertainty around fuel costs and customer demand. We are approximately 70% hedged for our summer fuel needs, at around $720 per metric tonne, and benefit from a significant fuel burn advantage, with A321neos comprising 75% of our current fleet consuming 18% less fuel relative to the legacy aircraft technology. Current scheduled capacity for the first half of the year stands at around 51 million seats, up 28% year-on-year. Against this, we see the forward bookings with 44% currently sold, up 2 percentage points year-on-year, reflecting a positive response to the continuing development of our network. This includes adding capacity across our existing markets and opening new operating bases within the Wizz Air European footprint with significant bias towards leisure demand. To maintain this booking momentum and protect load factors amid geopolitical uncertainties, we have strategically utilized promotional fares to stimulate demand during H1 F27. Jozsef Varadi, Wizz Air's CEO, said: "While the industry faces the challenges of the conflict in the Middle East, we have proactively pivoted the affected capacity to our core markets and are seeing strong demand trends through the peak summer period across our network. Wizz Air's financial strength, including cash liquidity, hedge positions and our highly fuel-efficient fleet, continues to underpin our ability to grow our business with structural competitive advantages. As such, while we are mindful of the near-term geopolitical challenges, we remain excited by the growth potential inherent in our core markets and the fact that Wizz Air is well placed to further strengthen its leadership in the faster growing CEE region.'' About Wizz Air Wizz Air operates a fleet of 262 Airbus A320 and A321 aircraft. A team of dedicated aviation...
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