RE: Did something just happen?17 Jun 2025 14:35
If agreement with P&W was reached I woupd expect some king of agreement on grounded planes to make it easier for wizz. This was always mentioned by CEO as a leverage before new agreement with P&W.
On downgraded rating, this soposed to be temporary until january 2026 as 500mln bond is due and thats why wizz are increasing their cash position to cover this. Rating will go back after that.
On the June numbers, I guess their will be a hit but they said they were going to reduce hot & harsh anyway maube a bit more quickly thei will have to act. I dont think this new war is going to last very long