{"id":59608,"date":"2025-01-31T08:50:23","date_gmt":"2025-01-31T08:50:23","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/wizz-air-posts-e241-1m-loss-in-q3-fy25-amid-fleet-issues\/"},"modified":"2025-01-31T08:50:23","modified_gmt":"2025-01-31T08:50:23","slug":"wizz-air-posts-e241-1m-loss-in-q3-fy25-amid-fleet-issues","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=59608","title":{"rendered":"Wizz Air posts \u20ac241.1M loss in Q3 FY25 amid fleet issues"},"content":{"rendered":"


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The ultra-low-cost Hungarian airline Wizz Air has reported a net loss of \u20ac241.1 million for the third quarter of fiscal year 2025, citing operational challenges from grounding 20% of its fleet over issues with the GTF engine.\u00a0<\/p>\n

In its unaudited financial results<\/a> for Q3 F25, released on January 30, 2025, Wizz Air said it carried 15.5 million passengers, marking a 2.6% increase compared to the same period in the previous year. The airline\u2019s revenue reached \u20ac1,176 billion, which is a 10.5% increase compared to the previous year.\u00a0<\/p>\n

In terms of capacity, there was a 1.7% decrease in available seat kilometers (ASK)\u00a0and a 0.4% drop in available seats. However, the load factor increased by 3.1% to 90.3%. The reported net loss for the third quarter was \u20ac241.1 million, compared to a loss of \u20ac105.4 million in the same period of FY24.\u00a0<\/p>\n