Wizz Air expects to break even, or make a small profit, when it issues its results for the full 2026 financial year next month.
Wizz previously warned it could end the 2026 financial year, which runs to 31 March, at a loss, but has now revised its forecast, saying revenues are ‘stronger’ and it’s benefitting from being ‘well-hedged’.
In a statement today, Wizz Air said: “Current scheduled capacity for the first half of the year stands at around 51 million seats, up 28% year-on-year. Against this, we see the forward bookings with 44% currently sold, up two percentage points year-on-year, reflecting a positive response to the continuing development of our network.
“This includes adding capacity across our existing markets and opening new operating bases within the Wizz Air European footprint with significant bias towards leisure demand.
“To maintain this booking momentum and protect load factors amid geopolitical uncertainties, we have strategically utilised promotional fares to stimulate demand during H1 F27.”
CEO Jozsef Varadi added: “While the industry faces the challenges of the conflict in the Middle East, we have proactively pivoted the affected capacity to our core markets and are seeing strong demand trends through the peak summer period across our network.
“Wizz Air’s financial strength, including cash liquidity, hedge positions and our highly fuel-efficient fleet, continues to underpin our ability to grow our business with structural competitive advantages.
“As such, while we are mindful of the near-term geopolitical challenges, we remain excited by the growth potential inherent in our core markets and the fact that Wizz Air is well placed to further strengthen its leadership in the faster growing CEE [Central and Eastern Europe] region.”
The 2026 full-year results are due on 11 June.
