Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
An update from Wizz Air Holdings ( (GB:WIZZ) ) is now available.
Wizz Air Holdings has secured a commercial agreement with Pratt & Whitney to address the grounding of its Airbus A320NEO aircraft due to issues with the PW1100G-JM engines. The agreement, effective until the end of 2026, provides operational support and compensation, helping mitigate the financial and operational impacts. Despite these challenges, Wizz Air plans to expand its fleet with 50 new Airbus A321NEO deliveries, increasing seat capacity by 20% and reinforcing its sustainability efforts by transitioning to more fuel-efficient aircraft.
More about Wizz Air Holdings
Wizz Air is a leading sustainable European airline operating over 220 Airbus A320 and A321 aircraft. Known for its low fares and exceptional service, it served 62 million passengers in the financial year ending March 2024. Listed on the London Stock Exchange under the ticker WIZZ, the company has received numerous accolades, including being named the ‘World’s Top 5 Safest Low-Cost Airlines 2024’ and the ‘Most Sustainable Low-Cost Airline’ from 2021 to 2024.
YTD Price Performance: -36.18%
Average Trading Volume: 546,571
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.46B
Find detailed analytics on WIZZ stock on TipRanks’ Stock Analysis page.
