Wizz Air's operating profit for the six months ending Sept. 30 dropped 33% to €349.2 million ($375 million), compared to €522.9 million in the year-ago period.
Wizz Air Abu Dhabi will not launch Airbus A321XLR operations until 2026, when crucial upgrades should have been made to the aircraft's Pratt & Whitney GTF engine.
Wizz Air posted a dramatic drop in quarterly net profit, citing the airline’s ongoing impact from geared turbofan (GTF) engine-related aircraft groundings.
Wizz Air expects to have another 45 Airbus A320neo-family aircraft grounded in 2025 due to inspections of their Pratt & Whitney geared turbofan (GTF) engines.
Wizz Air UK's Marion Geoffroy says summer operational challenges have begun earlier than usual, while the ULCC is still struggling with GTF-related groundings.
Wizz Air CEO József Váradi believes the ULCC is nearing the peak of the Pratt & Whitney GTF recall issue and is seeing improvements in shop visit times.
Romanian flag-carrier TAROM is planning to offer travelers better connectivity in order to withstand pressure from cheaper competitors, primarily Wizz Air.
Following on from used cooking fats, plant seeds and even air, a UK company is planning to convert processed human waste into sustainable aviation fuel (SAF).