REG - Wizz Air Holdings - Wizz Air expects F26 profits to be below guidance

Wizz Air HoldingsAnnouncement

04/03/2026 17:15

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RNS Number : 3761V  Wizz Air Holdings PLC  04 March 2026

 

ONGOING DISRUPTION IN THE MIDDLE EAST IS EXPECTED TO REDUCE WIZZ AIR'S NET
PROFITS FOR FISCAL YEAR 2026 TO BELOW ITS PREVIOUS GUIDANCE

Ticker:  WIZZ

 

Geneva, 4 March 2026: Wizz Air estimates that the current crisis in the Middle
East will result in a negative impact to its FY26 net profits of c.€50m.

In terms of the expected impact, approximately one third is a result of the
cessation of certain scheduled services to the Middle East, with the remainder
from the adverse movement in macroeconomic factors as a result of the Iran
conflict. Our assessment of the impact of these macroeconomic factors is based
on jet fuel and US$/€ rates as of today, and assumes that these rates will
remain at current levels for rest of Fiscal Year 2026.

As a result, Wizz Air expects that its reported net profits will fall below
the guidance released on January 29th, 2026, given at the time as 'Expected to
be in the range of +€25m to -€25m.'

Wizz Air will update the market as appropriate and will announce its F26
results on Thursday, June 11th.

- Ends -

 

About Wizz Air

Wizz Air operates a fleet of 260 Airbus A320 and A321 aircraft. A team of
dedicated aviation professionals delivers superior service and very low fares,
making Wizz Air the preferred choice of 63.4 million passengers in 2025
financial year. Wizz Air is listed on the London Stock Exchange under the
ticker WIZZ. Wizz Air has also been recognized as the "Most Sustainable
Low-Cost Airline" between 2021-2025 by World Finance Sustainability Awards. In
2025, Wizz Air topped the major airlines' emissions ranking, as presented by
Cirium, an aviation analytics company, thanks to its work reducing emissions
intensity. Most recently, it was awarded Sustainable Airline of the Year 2025
at the Airline Economics Sustainability Awards Gala in September 2025.

For more information:

Investors:        Mark Simpson, Wizz Air
              investor.relations@wizzair.com

Zlatko Custovic, Wizz Air

Media:             Andras Rado, Wizz Air
                 communications@wizzair.com
(mailto:communications@wizzair.com)

James McFarlane/Eleni Menikou/Charles Hirst, MHP Group
wizz@mhpgroup.com (mailto:wizz@mhpgroup.com)

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