Member Info for GLTader

VERY possible now. £18 and above hopefully.

Any ideas why the big dip earlier?

Clear debt? That's £3.3b of net debt.

Sorry to say, and I like WPP, but that's impossible. Burson will go for between $500m - $750m max I think........

£377m media account under review.

WPP is the incumbent.

Hosted some friends who travelled from Cyprus to London for a 4 days break - flew with WizzAir and said it was packed. Punctual and no complains. Chose WizzAir for its schedules, price (better than Ryanair and Easyjet).

Causeway also been adding along with others.

So, look past this conflict fellow holders. This is an airline that is here to stay, growing again and yes, blip due to fuel costs but so is every other airline. Shift to budget airline will benefit WizzAir.

Coupled with Hungary elections news, hopefully will not be too bad tomorrow.

Yep - short squeeeeeze coming.......

Yep - good numbers!

We shouldn't forget that today's oil price shock is different to Covid or related shocks whereby demand truly curtailed. In this case, cost is higher, which if prolonged will lead to fare price increases.

And yes, fare price increases might / will slow demand but this is where budget airlines win - people will still want to travel / holiday and so will choose the cheaper alternative ie WizzAir.

The biggest risk is jet fuel shortage and that should be ok for another 6 weeks. So long war ends and Straits of Hormuz reopen in 2-3 weeks.

Or.....

United Airlines (up 7.8%)

JetBlue (7.4%)

ETC

Https://x.com/FirstSquawk/status/2039018920850633163

Trump to New York Post: My mission was to prevent Iran from possessing a nuclear weapon, and I succeeded.

IRAN'S PRESIDENT PEZESHKIAN: WE'RE READY TO END WAR, BUT WANT GUARANTEES.

FINANCIAL UPDATE

▶The Company's cash position at the end of December 2025 was €1,984.8 million, a 14.3% per cent increase vs 31 March 2025. In January 2026 the Company repaid its maturing €500 million bond, while renewing its EMTN programme for another three years.

▶Net debt at 31 December 2025 was €5,196.0 million vs €4,956.3 million at 31 March 2025, while the Company's leverage ratio (net debt to EBITDA) decreased to 4.0x compared to 4.4x at F25 year-end. Over the same period, liquidity ratio increased to 33.6 from 31.5 per cent.

▶As of 22 January 2026, using jet fuel zero-cost collars, Wizz Air has accumulated hedge coverage of 83 per cent of its jet fuel needs for F26 at a price of 681/749 $/mT. For F27 the coverage is 55 per cent at a price of 650/716 $/mT, while for F28 the coverage is 7 per cent at a price of 628/694 $/mT. The jet fuel-related EUR/USD FX coverage stands at 87 per cent for F26 at 1.11/1.15 rates; for F27 it is at 59 per cent at 1.14/1.18 rates, while the coverage for F28 is 5 per cent at 1.18/1.21 rates. From beginning of F26 the Company has been hedging USD currency exposure on its lease liabilities. As of 31 December 2025, Wizz Air had 80 per cent of $4.3 billion USD lease liability hedged using a blend of USD cash deposits, and cross currency swaps (average EUR/USD rate of 1.12).

Cash position very solid.

Debt maturing paid off, EMTN programme renewed and debt ageing profile fine.

Hedging well in place for FY26 and 55% for next financial year.

Did people miss the two announcements today?

Causeway Capital upped stake from 5% to 6.29% >> they and Pzena Investment Managament who recently took 5% stake clearly sees a bargain

and

Wizz Air to base fourth Airbus A321neo in Venice, adding 0.5 million seats >> business carries on!

We are right in it i.e. Iran conflict and it is painful & ugly, but this too will pass. I just can't believe WizzAir is pushed so low, lower than Covid by a long way and significantly lower than when P&W engine issues occurred, and this oil price issue is definitely not as bad both in terms of duration and exposure!

Oil plunging on Trump calling the war near ending

Let's see what else he says at 9.30pm but hopefully a coiled WizzAir spring tomorrow!

Brent crude now around $95.

Apparently, per CNBC expert, the big spike (unprecedented rise in one session) was due to short covering. Hence the move was sharp, violent and quick. It then got unwound and stabilised still up, but closer around the $105 mark than $116. We then had the G7 meeting and other news (France sending ships to Straits of Hormuz to get it moving), including demand destruction, we are where we are.

I am sharing this because WizzAir also have a LOT of shorts, much more than usual. This will bounce like oil when we have positive news re war!

Easily 300-350p. Absolutely no reason it should not be AT LEAST at the Indigo level.

Yep!

For below €1b, someone can just buy an airline (back to growth) with T/O in excess of €6.5b!

This is a temporary event. Before Iran conflict, WizzAir showing great progress with capacities, load factor and numbers improving double digits YoY. That fundamental has not changed. Oil prices is an issue but it is for the world. Supply is more than demand so it is merely an event and sentiment driven rise. When it is over, it will fall just as quickly and WizzAir will be one of the best recovery plays you can get. Not surprised some have topped up including institutional investors.

https://www.reuters.com/business/aerospace-defense/wizz-air-ceo-sees-iran-hit-easing-april-after-profit-warning-hammers-shares-2026-03-05/

If you think the war will end within the next 2-3 weeks, then this is a temporary blip in WizzAir, or indeed any badly bruised stocks, due to the conflict.

The underlying fundamentals have not changed and therefore, it is a simple equation to me. Add on this dip.

If you believe war will persists, then everything will be falling....and God bless us all.

And this:

🚨 US PRESIDENT TRUMP ON TRUTH 🚨

"Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH — More actions to come. Thank you for your attention to this matter! President DONALD J. TRUMP"

In the circumstances, not surprised WizzAir is getting back to lows again.

However, from what I know, WizzAir has limited exposure to the Middle East now, post closure of its Abu Dhabi hub last year and reallocation of capacity to the growing Eastern European markets. I believe pre-closure, it was about 8% of capacity but not closer to 2-3% only.

Encouraging that they have also lifted flights to Sharm Al-Sheikh to counter and of course, helps passengers.

Their oil is pretty much hedged as per one of the poster below, and in any event, the markets are clearly seeing this as an temporary inflated oil price.

The mid-to-long term fundamentals of WizzAir has not changed. It is getting back to growth as evidenced by today's numbers.

Let's hope we get peace soon both in Ukraine-Russia and Middle East. Will be a nice uplift.

Thanks Pokerchips.

For any serious investors, they should read it.......