Highlights

  • ASK capacity rose by 8.9 % in H1 F26 compared with the prior year.
  • Passenger numbers climbed to 36.5 million in H1 F26, with a load factor of 92.4%.
  • Operating profit increased by 25.8 % to €439.2 million in H1 F26.

Wizz Air Holdings Plc (LSE: WIZZ), Europe’s most emissions-efficient airline, today published its unaudited results for the six months ended 30 September 2025 (“H1 F26”).

Capacity & Passenger Growth

Wizz Air’s available seat-kilometres (ASK) grew by 8.9 % year-on-year in the first half of fiscal 2026, though the second quarter fell slightly short of plan due to flight cancellations to Tel Aviv and the discontinuation of its Abu Dhabi-based operations from September. Passenger numbers rose from 33.3 million in H1 F25 to 36.5 million in H1 F26, maintaining a load factor of 92.4 %.

Revenue, Unit Metrics & Profitability

Total unit revenue (RASK) edged up by 0.1 % to €4.98 cents; ticket RASK rose to €2.87 cents and ancillary RASK to €2.11 cents. In Q1 the company recorded RASK at 4.41 cents, increasing to 5.52 cents in Q2 (+25.3 % quarter-on-quarter). Ex-fuel cost per available seat-kilometre (CASK) rose by 2.7 % to €3.08 cents; Q1 saw a 14.2 % increase year-on-year while Q2 returned to €3.05 cents (-6.3 % YoY). EBITDA reached €981.3 million (versus €826.0 million in the prior year), while operating profit hit €439.2 million, a 25.8 % uplift. Net profit was €323.5 million, up 2.6 % year-on-year, delivering a net margin of 9.7 %.

Fleet, Cash & Capital Structure

The airline ended the period with total cash of €1,984.8 million (+14.3 % versus 31 March 2025) and net debt of €4,832.8 million (-2.5 % year-on-year). Wizz Air finalised an amendment to its aircraft purchase agreement with Airbus SE, converting 36 committed A321XLR aircraft to A321neo variants and enabling mid-term annual seat growth of around 10-12 %. As of 30 September, 35 aircraft were on the ground due to GTF engine-related inspections (down from 41 at end June), with the average grounded fleet projected to be 30-35 aircraft in H2 F26.

Outlook & Strategic Moves

For the second half of F26, Wizz Air expects ASK capacity to increase approximately 10 % year-on-year (seat capacity up in the mid-teens percentile). The full year capacity target remains around +10 % YoY (seat capacity in the low-teens percentile). The company anticipates H2 RASK will decline in the low single-digits YoY, with full-year RASK similarly down low single-digits. Total cost per seat (CASK) in H2 is expected to increase by low single-digits, with ex-fuel CASK rising by high single-digits YoY and full-year ex-fuel CASK up mid-single-digits. Fuel CASK is projected to decline by mid to high single-digits in H2 and high single-digits for the full year.

In network and commercial developments, the company is refocusing on core Central & Eastern European markets, having closed its Abu Dhabi base and Vienna five-aircraft base. New bases will open in Warsaw (Modlin), Tuzla, Yerevan and Bratislava (two aircraft each), contributing to cost savings in H2 F26 and more meaningfully in F27. The fleet average age stands at 4.6 years, with new “neo”-technology aircraft making up 71 % of the fleet.

WIZZ shares were trading over 11% higher at GBX 1,129.00 per share during trading session on 13 November 2025.