Wizz Air expects F26 profits to be below guidance

Summary by AI BETAClose X

Wizz Air Holdings PLC anticipates that ongoing Middle East disruption will negatively impact its fiscal year 2026 net profits by approximately €50 million, causing them to fall below the previously guided range of +€25m to -€25m. This reduction stems from the cessation of certain services to the region and adverse macroeconomic factors, including jet fuel prices and US$/€ exchange rates, which are assumed to remain at current levels for the remainder of FY26. The company will provide further updates and announce its FY26 results on June 11th.

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