Member Info for Sapi72

GTF engine problem will be resolved in 2 years in my opinion. See how many new factory for maintenance are built.

By P&W. In example: https://asianaviation.com/pratt-whitney-expands-gtf-facility/

I wait for positive news on that from Wizz later this year.

Dávid, please study IFRS 16 accounting standard of leasing. Nearly all of the debts are discounted rental opex. They will pay it when the plane produces revenue. Treasury stock purchase will began in 1 year. Thew will have 2 billion cash in the summer.

Dávid, in 1 year it will buy treasury stock. It has 2 billion cash. Debt is nearly only operative leasing. Give peace a chance,

I am sure shorts will reopening at 60£. It will go down to 45-50 £ then…:))))))))))

Moodys confirmed Ba1, outlook worsens to negative. It should not impact at all. American Airlines credit rating at Moody's is B1, which is 3 (!) grades below Wizz's rating...and jumped 10% last month.

Yes, IFRS 16 causes nearly all the debts they have. From 2026 “nearly” would disappear as they pay back the financial debts totally. Unfortunately Fitch/S&P etc not differentiate between financial and leasing debts usually. They should do…Anyway this business model Wizz has becomes stronger with decreasing interest rates, so do not worry, there will be a time when market recognizes and praises it.

IFRS 16 stipulates that operative lease’present value is a debt independantly that this cost will only appear in the future, against revenue. So this debt can not be paid in advance. It is like you have a rented car, and the future rental fee is a debt of yours though you do not own the car and off course you will earn money in the future to pay the monthy rental. For firm like Wizz, Carnival, etc it is not so fair.