Wizz Air Reports Fiscal Third Quarter 2026 Net Loss of €139.3 Million
- Joe Breitfeller
- 1 minute ago
- 2 min read
Wizz Air has reported a fiscal third quarter 2026 net loss of €139.3 million on a year-over-year increase in revenue of 10.2 percent to €1.3 billion. At December 31, 2025, the carrier had €1.98 billion in cash on hand.
On Thursday (January 29, 2026), Wizz Air reported their fiscal third quarter financial results for the period ending December 31, 2025. The carrier reported a fiscal third quarter 2026 net loss of €139.3 million on a year-over-year increase in revenue of 10.2 percent to €1.3 billion. Wizz Air’s third quarter revenue per available seat kilometer (RASK) declined (0.8) percent compared to the same period last year to 3.83 euro cents, while cost per available seat kilometer (CASK) increased 2.3 percent to 4.35 euro cents. The airline’s Q3 costs excluding fuel (CASK-ex) increased 2.1 percent to 2.94 euro cents. At December 31, 2025, Wizz Air had €1.98 billion in cash on hand, up 24.1 percent compared to March 31, 2025.
In Thursday’s announcement Wizz Air’s CEO, József Váradi, said in part,
“We continue to execute the commercial strategy we outlined earlier this fiscal year, focusing on fortifying our key bases and concentrating our efforts on network design across Central & Eastern Europe, Italy and London. This helps us to better manage RASK while allowing us to concentrate on the ex-fuel cost lines that are most heavily impacted by the Pratt & Whitney GTF engine-related disruptions affecting the Company for the past two years.
“Our operations have delivered strong reliability and punctuality, continuing the trend from the summer. Commercially, we continued to invest into all our existing markets, putting on sale new flights and announcing further aircraft allocations for next summer.
“During the period our fleet size surpassed 250 aircraft, we continue to increase the share of NEO aircraft (nearly 75 per cent) in our fleet, as well as seat density (now, an average of 230 seats per aircraft). We are steadily recovering from the engine related aircraft grounding and in the next fiscal year we are targeting to have an average of 20-25 aircraft on the ground due to powered metal issues…”
Budapest, Hungary-based Wizz Air is the fastest growing European ultra-low-cost carrier (ULCC), and operates an all Airbus A320 and A321 Family fleet of 249 aircraft. Wizz Air is the largest ULCC in Central and Eastern Europe and serves over 830 routes to/from nearly 190 destinations in 51 countries. During FY 2025, Wizz Air carried 63.4 million guests. Wizz Air offers superior guest service at exceptionally low fares. Shares in the company trade on the London Stock Exchange under the ticker symbol WIZZ.
Source: Wizz Air
