Q3 2025 Wizz Air Holdings PLC Earnings Call Transcript
Key Points
- Wizz Air Holdings PLC (WZZAF) has seen a stabilization and increase in revenue on a unit basis, providing a strong foundation for future demand.
- The company is regaining growth momentum with the supply of new aircraft, overcoming previous groundings.
- Wizz Air Holdings PLC (WZZAF) is benefiting from a more favorable competitive landscape as competitors face supply chain constraints.
- The company has adjusted its aircraft delivery schedule to better align with Airbus' delivery capabilities and its own grounded aircraft situation.
- Wizz Air Holdings PLC (WZZAF) is confident in customer demand, with strong revenue performance and a positive outlook for future growth.
- Higher than expected costs, particularly in maintenance and depreciation, have forced Wizz Air Holdings PLC (WZZAF) to revise its guidance downward.
- The company is facing increased Eurocontrol charges, adding EUR60 million in adverse costs annually.
- Wizz Air Holdings PLC (WZZAF) is dealing with significant operational disruptions due to the Pratt & Whitney GTF engine issues, affecting both GTF and V2500 engines.
- The strengthening dollar has led to unrealized FX losses, impacting the company's financial results.
- Airports are becoming increasingly capacity constrained, leading to higher monopoly pricing and increased charges.
(audio in progress) this has never happened. So we haven't had any proxies or anything to reference our business to. So we have to kind of learn our base through this process.
But the good news is that the year is over and the context of the business is totally different today than what it was a year ago. So if you look at it, a year ago, we were just about to face the Pratt & Whitney GTF issues. Now the peak is behind us. And while this issue will continue to drag, but the impact on the business is going to be less and less.
Secondly, we basically lost our ability to grow the business due to the groundings a year ago. But now we are regaining strength again through the supply of new aircraft. And we are back on a growth [boost] again, and that's very different. And thirdly, a year ago, we actually were facing quite a hostile competitive environment, a lot of capacity thrown against us.
But this time around, actually, we have the capacity to grow. And our competitors will be more constrained
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
