Wizz Air (Hungary) has announced the introduction of a new summer route connecting Cluj-Napoca (Romania) and Heraklion (Greece), scheduled to commence on 17 June 2025. The launch reinforces Wizz Air’s commitment to expanding its seasonal leisure destinations across Europe.
Wizz Air Holdings (Hungary) has reported its 4Q 2024 financial results, posting a total revenue of $1.2 billion, marking a 10.5% year-over-year increase. However, the airline’s net loss surged by 128.7% to $251.2 million, highlighting persistent financial challenges despite revenue growth.
Wizz Air (Hungary) CEO Jozsef Varadi has raised concerns about the prolonged impact of issues with Pratt & Whitney (P&W) engines affecting the airline’s fleet. Varadi stated that the engine problems could persist for four to five years, significantly impacting operations. The airline anticipates that 40 aircraft will remain grounded through fiscal 2026 due to these ongoing challenges.
Aergo Capital (Ireland) has expanded its portfolio with the acquisition of an A320 family aircraft, bearing serial number 5660, from Deucalion Aviation (UK). The purchase was made on behalf of a managed client, with the aircraft currently on lease to Wizz Air (Hungary).
Wizz Air (Hungary) has unveiled a new international route connecting Cluj-Napoca (Romania) to Castellón (Spain). The inaugural flight is scheduled for 11 April 2025, further expanding the airline’s European network.
Wizz Air, the Hungary-based low-cost carrier, has entered into a new support agreement with Pratt & Whitney, aiming to tackle ongoing engine-related challenges that have impacted its fleet. The carrier announced that it expects 40 aircraft to remain grounded through fiscal 2026 due to these issues, highlighting the significant operational hurdles caused by engine reliability concerns.
Wizz Air, a leading low-cost carrier based in Hungary, has expanded its fleet with the addition of a new Airbus A321neo, identified by serial 12196. The aircraft is equipped with PW1133G-JM engines, known for their fuel efficiency and environmental performance.
Wizz Air, the Hungary-based low-cost carrier, has taken delivery of an Airbus A321neo, identified by serial number 12196. The aircraft is powered by Pratt & Whitney PW1133G-JM engines, further strengthening the airline’s commitment to fleet modernization and operational efficiency.
Arcano Partners (Spain) has announced the successful completion of its second transaction through its investment vehicles Arcano Aviation Fund and Arcano Capital Aviation. The transaction involves the acquisition of two Airbus narrowbody aircraft, both of which are under existing lease agreements with Wizz Air (Hungary).
Wizz Air, the Hungarian low-cost carrier, is expanding its operations by basing its fifth A321neo aircraft at Balice Airport. This addition will support the launch of new routes to Basel, Bergen, and Genoa, enhancing connectivity between Poland and key European cities. The deployment of the A321neo, known for its fuel efficiency and passenger capacity, aligns with Wizz Air’s strategy to expand…
