Wizz Air profit slumps after grounding planes over engine issues

NAMPA / DPA

2025-06-05

London (PA Media/dpa) - Wizz Air has revealed its annual profits slumped as the budget airline grappled with a fifth of its planes being grounded over issues with the engines. The Hungarian company said in a statement on Thursday it was flying more passengers than ever despite the "significant challenges" it faced. It reported an operating profit of ?167.5 million ($191 million) for the year to the end of March, about a 62% drop from the ?437.9 m......

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