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Wizz Air Holdings PLC announced on March 4, 2026, an estimated negative impact of approximately €50m to its Fiscal Year 2026 net profits. The company expects this to cause its reported net profits to fall below the previous guidance of a range between +€25m and -€25m, which was issued on January 29, 2026. Wizz Air will announce its F26 results on Thursday, June 11th.
| Date | 4 Mar 2026 |
| Time | 17:29:21 |
| Category | Corporate updates |
| ID | 3834V |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
ONGOING DISRUPTION IN THE MIDDLE EAST IS EXPECTED TO REDUCE WIZZ AIR'S NET PROFITS FOR FISCAL YEAR 2026 TO BELOW ITS PREVIOUS GUIDANCE
Ticker: WIZZ
Geneva, 4 March 2026: Wizz Air estimates that the current crisis in the Middle East will result in a negative impact to its FY26 net profits of c.€50m.
In terms of the expected impact, approximately one third is a result of the cessation of certain scheduled services to the Middle East, with the remainder from the adverse movement in macroeconomic factors as a result of the Iran conflict. Our assessment of the impact of these macroeconomic factors is based on jet fuel and US$/€ rates as of today, and assumes that these rates will remain at current levels for rest of Fiscal Year 2026.
As a result, Wizz Air expects that its reported net profits will fall below the guidance released on January 29th, 2026, given at the time as 'Expected to be in the range of +€25m to -€25m.'
Wizz Air will update the market as appropriate and will announce its F26 results on Thursday, June 11th.
This announcement contains inside information. The person responsible for arranging the release of this announcement on behalf of Wizz Air is Nora Viktoria Rabe, Corporate&ESG Officer and Company Secretary.
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About Wizz Air
Wizz Air operates a fleet of 260 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 63.4 million passengers in 2025 financial year. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. Wizz Air has also been recognized as the "Most Sustainable Low-Cost Airline" between 2021-2025 by World Finance Sustainability Awards. In 2025, Wizz Air topped the major airlines' emissions ranking, as presented by Cirium, an aviation analytics company, thanks to its work reducing emissions intensity. Most recently, it was awarded Sustainable Airline of the Year 2025 at the Airline Economics Sustainability Awards Gala in September 2025.
For more information:
Investors: Mark Simpson, Wizz Air investor.relations@wizzair.com
Zlatko Custovic, Wizz Air
Media: Andras Rado, Wizz Air communications@wizzair.com
James McFarlane/Eleni Menikou/Charles Hirst, MHP Group wizz@mhpgroup.com