Member Info for Taut

From tomorrow I hope...

Comparing H1 results and recent Q3 I'd say wizz reassured that:

Airbus delivers planes

Capasity increasing

Revenue increasing

New markets being discovered which means wizz does not have to restle in mud with ryanair.

Negatives are FX issue which is temporary & engines which are also temporary.

Business model works well and new markets in asia would welcome wizz.

I think biggest worry is engines, as it could be another hit with additional grounded planes os new engines not returned in time. I think easy jet not overvalued and I might distribute between wizz and easy jet.

Big rise is comming, big rise is inevitable

Good news, I think pricing of fares will be good for wizz to continue growing revenue. News should give boost to share price as wizz is moving away from competing with likes of ryanair and instead going to new no competition markets for ultra low fare airline

Yes, this year 2025 not 2026

They would have 75 planes grounded if they did not find 56 spare engines. Not sure if they will get bill for those spare engines...

They will still have wet lease aircraft for next 3 quaters and this will incure substancial payments. Also they said that they strugle to end wet lease contracts so it might be even longer term of payments.

It was said that fares are softer this year compared to last 2.

With all above issues they are still predicting 350 to 450mln profit.

Joe on engine issue:

Jozsef Varadi

Thanks, Ian. So, with regard to the GTF, this is to provide you an update and evolution of the management process here.

So we ended up with 46 aircraft to the ground at the end of the reporting period and we are expecting that number to peak at 47 in September. We think this is going to be the peak as we stand right now.

Today, it’s 45 aircraft. Now, creating the context to the numbers.

So, as I said, back in the days when we were looking at wet lease as a solution to bridging the capacity gap, at that time, the prediction was 55 aircraft. So actually things have moved, but things are moving on a continuous basis.

I mean, we are in touch with Pratt & Whitney every day and we are reviewing the process. And the developments depend on a lot of issues, availability of shops, availability of labor, availability of parts.

Brett’s industrial processes, because they are the producers of the parts. How many other engines are queuing, et cetera, et cetera?

So it’s a very complicated process, very difficult to model, and whatever you model, that keeps changing. But this is our best view at this point in time.

But this is not graved in stone. This can change up or down.

But this is what we think today we’re going to be ending up with. We are still assuming a 300-day overall engine turnaround time.

Now, clearly, what we are seeing is that Brett has been able to identify some quick turn opportunities. Quick turn means that we get the engine into the shop.

It takes probably 50 days to 60 days to get through the shop visit and we can put the engine back on the airplane. The problem with that is that obviously that’s a reduced scope of activities, but you will reach the next cycle of maintenance on the engine fairly quickly.

So, it’s quick today, but it’s going to be quick also to go to the second shop visit. So, overall, when you look at it over a period of time like, I don’t know, three years, four years, you are not really saving anything in terms of time.

You are just shifting the balance from one place to another. But we think that this is still a better solution given the situation where we are today.

We have been loading operations with a lot of spare engines. So, by the end of summer, we will have 56 of those spare engines.

So just imagine the magnitude of the issue. We still have 46, 47 aircraft on the ground, notwithstanding that 56 engines are consumed in supporting the process.

So you take, I don’t know, 47 twice. So that’s nearly 100 engines and above that another 50 spare engines.

So we have actually 150 engines being non-operational as we speak against a fleet of 220 aircraft in total. So the issue is substantial, as we have said, and management of the issue requires significant focus and resources on all sides of the equation.

https://www.roic.ai/quote/WIZZ.L/transcripts/2025/1

At these results presentation it was said that engine issue will take another year so ir means that 120 planes to be grounded by middle of 2026. This would be disaster....

Just hope engines are going to be repaired in time or now new grounding will happen untill old ones are fixed.

Say for example if in next 6months grounded planes dont come to service and when annoincement comes that further 40 planes need to be grounded it would mean disaster and David would be right.

I dont understand why for grounding it was decided to do in 40 plane slots. Why couldnt it be done woth 10 plane per time. Soon questions will be asked of engines been repaired and planes are flying before new ones are grounded.

DavidKov you make me laugh, dont jump off the bridge mate :D

It was stupid mistake to mess up with FX costs but apart from that they had so many issues which are out of their control and they coped with all of them well.

If management is to change, CFO should get bolocking or sack not CEO. CEO is sound and without him, wizz would have went bankrupt long time ago.

At the moment current realities are:

1) we know that capacity is no longer the issue and wizz can fully compete with Ryanair and Wizz air with additional seats. Infact wizz is due to grow 15% this year which is more than competitors.

2) Even with reduced earning of 300mln and lower PE of say 7 (due to debt compared to Ryanair) Wizz market cap should be 2.1bln ans share price should be above 2000.

I am not selling for less than that. made too many mistakes in the past hastily selling. I choose to wait with this at the moment and I think overall view is pessimistic and therefore not good time to sell.

When say price target is publish when the current price it means that they did a short and waiting for the price to go down. But not to go down all the way to target because they would they risk waiting for everyone to follow teir price target. They would close short above target. So lowest target I've seen was 11 pounds. And we are not far off

I bet that remaining short going to close today. Or atleast get reduced. Today is still a perfect chance for them to get out

Great post.

Agree 100% that question is going to be if wizz continue to be profitable and this depends on airline fares as well. EU consumer spending is low and this might trabslate to lower fares compared to last year. On the other side I trust ceo as to me he seems determined to get through all struggles and make money.

JPMorgan raises Wizz Air price target to 1,600 (1,500) pence - 'neutral'

Lets get these shorts closed!!!

Ticket prices are low. But are low for easyjet and ryanair overall. Checked what are the prices for new wizz direct route from gatwick to jeddah on new a321 xlr long range. Return tickets are going for close to 1k on some days in march/april time. I for sure would not pay these prices for no thrill airline seats but it is good to know that some routes look sucessful!

You said your prediction is "most accurate"and in your posts you talk about "big wars and big falls". Accurate as from a man wearing tin foil hat.

Was today on early early morning flight. Not expensive tickets but it was 95% full, as expected late autumn, early winter season and proves that at least demand is still strong.

Lets hope shorts get reduced this week as well as was going down last few weeks.

DavidKov, I think you got the lowest price prediction so you tell me how it works?

Lets just say truth is somewhere in the middle of 460% upside and £6 predicting severe recession. Middle is £32 :D

Thats it join the team kpa1 start ramping :D