**Summary of Wizz Air Holdings PLC Q3 F26 Results (January 29, 2026):**
Wizz Air Holdings PLC, Europes most emissions-efficient airline, reported its unaudited Q3 F26 results for the period ending December 31, 2025. The airline demonstrated robust growth and operational resilience despite ongoing challenges, including GTF engine-related disruptions.
**Key Highlights**
1. **Financial Performance**
**Revenue Growth** Total revenue increased by 10.2% to โฌ1,296.4 million, driven by a 12.5% rise in passengers carried to 17.5 million.
**EBITDA Improvement** EBITDA grew by 12.2% to โฌ176.2 million, with an EBITDA margin of 13.6%.
**Operating Loss** Operating loss widened to โฌ123.9 million, primarily due to higher depreciation charges related to older aircraft maintenance.
**Net Loss** Net loss decreased to โฌ139.3 million from โฌ241.1 million in the same period last year.
**Cash Position** Total cash increased by 14.3% to โฌ1,984.8 million, while net debt rose slightly to โฌ5,196.0 million.
2. **Operational Metrics**
**Capacity Expansion** ASK capacity grew by 11.1%, with a 13.1% increase in seats, despite shorter stage lengths.
**Load Factor** Load factor slightly decreased to 89.8% from 90.3%.
**RASK and CASK** Total unit revenue (RASK) declined by 0.8% to โฌ3.83 cents, while total unit cost (CASK) increased by 2.3% to โฌ4.35 cents, driven by higher depreciation, fuel, and airport charges.
3. **Fleet and Network**
**Fleet Growth** Fleet size expanded to 257 aircraft, with a focus on NEO aircraft, which now constitute nearly 75% of the fleet.
**Network Expansion** CEE market share reached 26%, maintaining Wizz Airs position as the largest CEE operator. New flights were announced across several European cities.
**GTF Engine Issues** Progress was made in addressing GTF engine inspections, with grounded aircraft decreasing to 33 from 40 in December 2024.
4. **Strategic Initiatives**
**Sustainability** Wizz Air maintained its leadership in CO2 emissions efficiency, with a 12-month rolling emissions rate of 50.8g per passenger kilometer.
**Ancillary Products** The All You Can Fly initiative continued to show encouraging results, with a third phase launched offering 10,000 new annual memberships.
**Employee Engagement** Overall employee engagement score increased to 7.5, reflecting improved workplace satisfaction.
5. **Outlook**
**Capacity and Load Factor** ASK capacity is expected to grow by around 10% in F26, with a load factor above 91%.
**Unit Revenue and Costs** Flat unit revenue and modest inflation in total unit costs are forecasted, driven by higher navigation and maintenance costs.
**Net Income** Expected to be in the range of +โฌ25 to -โฌ25 million.
**Leadership Changes**
Ian Malin appointed as Chief Commercial Officer.
Veronika ล paลรกrovรก appointed as Chief Financial Officer.
Michael Delehants role renamed to Group Managing Director.
**Conclusion**
Wizz Air demonstrated resilience and growth in Q3 F26, navigating challenges while expanding its network and fleet. The airline remains focused on operational efficiency, sustainability, and strategic initiatives to drive long-term success.
| Metric | 2025 | 2024 | Change |
|---|---|---|---|
| Period-end fleet size | 257 | 226 | 13.7% |
| ASKs (million km) | 33,849 | 30,480 | 11.1% |
| Load factor (%) | 89.8 | 90.3 | (0.5) ppt |
| Passengers carried (million) | 17.5 | 15.5 | 12.5% |
| Total revenue (โฌ million) | 1,296.4 | 1,176.8 | 10.2% |
| EBITDA (โฌ million) | 176.2 | 157.1 | 12.2% |
| EBITDA Margin (%) | 13.6 | 13.3 | 0.2 ppt |
| Operating loss (โฌ million) | (123.9) | (75.9) | 63.3% |
| Net loss (โฌ million) | (139.3) | (241.1) | (42.2)% |
| Total cash (โฌ million) | 1,984.8 | 1,736.0 | 14.3% |
| Net debt (โฌ million) | 5,196.0 | 4,956.3 | 4.8% |