RE: Wizz Air CFO sees end to engine disruption by end-20277 Oct 2025 13:14
PRAGUE, Oct 7 (Reuters) - Wizz Air (WIZZ.L), opens new tab aims to end engine-related groundings of its Airbus (AIR.PA), opens new tab aircraft by the end of 2027, but has yet to see an improvement in Pratt & Whitney (RTX.N), opens new tab bottlenecks blamed for blocking dozens of jets, a senior executive said on Tuesday.
The number of aircraft grounded by long waiting times for inspections has fallen to 38 from a peak near 60, CFO Ian Malin said. At the half-year stage, Wizz said it had 41 aircraft grounded due to GTF engine-related inspections.
"Overall, the plan right now is to get the entire fleet unparked by the end of calendar year 2027. That is the target that we're working towards," he told the International Society of Transport Aircraft Trading (ISTAT) conference in Prague.
"That will be challenging, especially when we're sitting here with 38 aircraft (on the ground)," he said.
Wizz Air CEO Jozsef Varadi told Bloomberg in September that he aimed to turn Wizz Air's fortunes around by mid-2027.