REG - Wizz Air Holdings - Post-Close F26 Trading Update

Wizz Air HoldingsAnnouncement

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RNS Number : 9492D  Wizz Air Holdings PLC  12 May 2026

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 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.

This announcement contains inside information. The person responsible for
arranging the release of this announcement on behalf of Wizz Air is Nora
Viktoria Rabe, Corporate & ESG Officer and Company Secretary.

 

 

 

For more information:

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

Zlatko Custovic, Wizz Air

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

James McFarlane/Eleni Menikou/Charles Hirst, MHP Group
wizz@mhpgroup.com

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