Wizz Air Holdings PLC (GB:WIZZ ) has announced plans to return to growth by Fiscal 2026, following ongoing disruptions caused by engine-related issues. The Hungarian low-cost carrier, which operates an all-Airbus (FR:AIR ) fleet, has faced significant operational challenges due to the grounding of aircraft for inspections of Pratt & Whitney’s PW1100G-JM geared turbofan (GTF) engines. These inspections are linked to powder metal defects discovered in the engines. To address the problem, Wizz Air has secured a new agreement with Pratt & Whitney.
New Agreement with Pratt & Whitney
Under the new commercial support agreement, Pratt & Whitney will provide financial compensation to cover Wizz Air’s direct costs associated with the grounded aircraft. The airline anticipates that approximately 40 Airbus A320NEO family aircraft will remain out of service through Fiscal 2026 due to ongoing engine inspections.
Plans for Growth and Fleet Modernization
Wizz Air expects to resume growth in Fiscal 2026, driven by the delivery of 50 new Airbus A321NEO aircraft. These additions will increase the airline’s seat capacity by 20%. The new aircraft, featuring the latest technology, are expected to enhance the airline’s fuel efficiency and operational performance. By Fiscal 2026, the A321NEO is projected to make up 77% of Wizz Air’s fleet, as the company continues to phase out its older A320CEO models.
The agreement with Pratt & Whitney and the planned fleet expansion underscore Wizz Air’s commitment to overcoming current challenges and positioning itself for long-term growth.
