Wizz Air Holdings

Business going through growing pains

  • Sectors : Airlines
  • Companies : Wizz Air Holdings

Ratings and price correct at time of issue.

  • Wizz Air Holdings

    Closing Price: 2030.0p

  • RATING 17/01/24

  • PREVIOUS RATING 12/01/23

    OUTPERFORM

DAVY VIEW

The key for Wizz Air will be to trade through this tough period with the overhang of the Geared Turbofan (GTF) engine issue. Financial leverage needs to be reduced as we go through 2025/2026. We maintain our ‘Neutral’ rating given the uncertainty.

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Jan 25 2024, 08:05 GMT

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