Wizz Air Holdings

Growth first and profitability should follow

  • Sectors : Airlines
  • Companies : Wizz Air Holdings

Ratings and price correct at time of issue.

  • Wizz Air Holdings

    Closing Price: 2025.0p

  • RATING 25/04/22

  • PREVIOUS RATING 21/04/21



There is obviously still growing pains in Wizz Air’s growth plans as disruption and fuel costs add to near-term losses. We assume operating and net losses this year (-€211m and -€292m) before returning to profitability next year. Q1 in particular will suffer from ramp-up costs. Key will be getting back to full utilisation and peak summer market visibility. Longer term, it will be the allocation of aircraft to profitable bases — approximately half of the Wizz 500 aircraft end of decade growth is planned to be in central Eastern European core markets, another quarter in select markets in Western Europe and the remaining quarter in the GO East Strategy (e.g. Abu Dhabi, Saudi).

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Jun 22 2022, 07:00 IST/BST