Embraer, a global leader in aerospace and defense, is advancing its strategic footprint in Europe by establishing long-term industrial cooperation with Lithuania, following the country’s selection of the C-390 Millennium military transport aircraft in June 2025. The initiative strengthens Lithuania’s defense capabilities while contributing to its broader industrial and technological development goals.
Jackson Square Aviation (JSA), a U.S.-based aircraft lessor, has delivered its third Airbus A321neo to Wizz Air, the ultra-low-cost carrier headquartered in Hungary. This delivery forms part of a multi-aircraft leasing agreement that will see additional aircraft integrated into Wizz Air’s fleet through 2026, supporting the airline’s fleet modernization and expansion plans.
Wizz Air, the Hungary-based ultra-low-cost carrier, is currently engaged in discussions with Airbus to modify its existing order for 47 A321XLR aircraft, considering a partial conversion to the A321neo variant. The update was disclosed by CEO József Váradi, reflecting the airline’s evolving operational requirements and strategic focus.
Fitch Ratings has downgraded Wizz Air Holdings‘ Long-Term Issuer Default Rating (IDR) and senior unsecured rating to ‘BB’ from the previous ‘BB+’. Despite the downgrade, the outlook remains stable, and the Recovery Rating on the senior unsecured notes has been affirmed at ‘RR4’.
Aviation Capital Group (ACG) has announced the delivery of an additional Airbus A321neo aircraft to Wizz Air, the Hungarian ultra-low-cost carrier. This delivery is the seventh aircraft provided under an ongoing multi-aircraft sale-and-leaseback agreement between the two companies. The aircraft is equipped with Pratt & Whitney GTF (Geared Turbofan) engines, reinforcing Wizz Air’s commitment to operational efficiency and reduced environmental impact.
Aviation Capital Group (ACG), a leading U.S.-based aircraft lessor, has announced the delivery of one Airbus A321neo to Wizz Air, the Hungarian ultra-low-cost carrier. This aircraft is the sixth unit delivered to Wizz under a multi-aircraft sale/leaseback agreement, further cementing the relationship between the two companies.
Wizz Air Holdings (Hungary) has reported its financial results for the fiscal year ending 31 March 2025. The company’s total revenue increased by 3.8%, reaching US$6.0 billion. Despite this rise in revenue, Wizz Air’s net profit experienced a significant decline of 41.5%, dropping to $243.8 million. The carrier also reported a total cash position of $1.97 billionat the end of the period.
Aviation Capital Group (ACG) has successfully delivered another Airbus A321neo to Wizz Air, marking the third aircraft provided under a multi-aircraft sale and leaseback agreement. The delivery reflects ongoing fleet expansion by Wizz Air and highlights the role of strategic leasing partnerships in enabling ultra-low-cost carriers to scale capacity efficiently.
Wizz Air, the Hungary-based ultra-low-cost carrier, has received its first Airbus A321XLR, bearing serial number 11631. The aircraft is powered by PW1133GR-JM engines, part of the Pratt & Whitney GTF family, and will be operated by Wizz Air UK, the airline’s UK subsidiary.
Wizz Air, the ultra-low-cost carrier based in Hungary, has taken delivery of a new Airbus A321neo, identified by serial number 11735, as part of its fleet expansion strategy aimed at increasing capacity and reducing per-seat operating costs. The aircraft is powered by LEAP-1A32 engines from CFM International, offering enhanced fuel efficiency and lower emissions.
