WIZZ Air Reports Full Year 2025 Net Profit of €213.9 Million

Wizz Air has reported a FY 2025 bet profit of €213.9 million on a 3.8 percent increase in revenue to €5.27 billion.  At March 31, 2025, the carrier has cash and cash equivalents totaling €597.5 million.

Wizz Air Airbus A320neo - Courtesy Airbus

On Thursday (June 5, 2025), Wizz Air Holdings PLC reported their full-year 2025 financial results for the period ending March 31, 2025.  The carrier reported a FY 2025 net profit of €213.9 million on a revenue increase of 3.8 percent to €5.27 billion.  Wizz Air’s full year revenue per available seat kilometer (RASK) increased 3.9 percent to 4.33 euro cents, while total cost per available seat mile increased 10.9 percent to 4.33 euro cents.  Costs excluding fuel (CASK-ex) increased 19.9 percent compared to FY 2024 to 2.85 cents.  At March 31, 2025, Wizz Air Holdings has €597.5 million in cash and cash equivalents.

In Thursday’s announcement, Wizz Air’s CEO, József Váradi, said,

“I describe our fiscal year F25 with two words: resilience and transformation. In an environment where rare challenges have become recurrent, Wizz Air has evolved structurally, embedding increased flexibility into our standard operating model.  While often dismissed as ‘easier said than done,’ the past year's events tested both our company and management.  We emerged stronger, wiser, and better prepared.

“Wizz Air is a more resilient business today. Despite the unproductivity of a grounded fleet, we successfully delivered a second consecutive year of profitability.  We have the benefit of more than a year of experience operating under these unique circumstances - conditions airlines would never experience when demand exceeds supply.  Our unit revenue is 4% higher than last year, supported by the combination of our ability to generate higher fares and drive a higher load factor.  Our on time performance and completion rates are steadily improving and our employee satisfaction consistently improves.

“The number of grounded aircraft will start reducing in both absolute and relative terms and this is why we have reached a transformation point.  ASK capacity is back to growing due to this and due to the increase in the delivery volume of new aircraft from Airbus.  The percentage of grounded aircraft relative to total fleet continues to improve, allowing us to focus on the key elements of our strategy, winning market share, driving leadership positions and deploying our expertise to mitigate challenges in our sector.  We will not relent on defending the ultra-low cost business model, delivering profitable growth and ultimately stakeholder value.”

During FY 2025, Wizz Air took delivery of 26 new Airbus A321neos and 14 Pratt & Whitney GTF engines.  The carrier also secured three former Wizz Air aircraft on dry leases, while six Airbus A320ceos were delivered, ending the year with a fleet of 231 aircraft, including 37 A320ceos, 41 A321ceos, six A320neos, and 147 A321neos.  Wizz Air’s fleet has an average age of 4.7 years, the youngest fleet among major European airlines, and currently, 66 percent of the carrier’s fleet are new technology aircraft.  During FY 2026, Wizz Air expects to take delivery of 42 new A321neos and eight A321XLRs, while 17 A320ceos and one A321ceo will be returned to lessors.  At March 31, 2025, Wizz Air’s firm order backlog totaled 300 aircraft, including 253 A321neos, and 47 A321XLRs. 

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 231 aircraft, 66 percent of which are new generation technology aircraft, with an average age of 4.7 years.  Wizz Air is the largest ULCC in Central and Eastern Europe and serves over 1,100 routes to/from 50 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 Holdings PLC / RNS Number 5160L