RE: Wider market context10 Sep 2025 08:56
Captain, Varandi said last year that turnaround is 2026 year on the interviews at least. I took this one from most recent Q1 results:
▶ As of 30 Jun 2025, Wizz Air had 41 aircraft on ground due to GTF engine-related inspections. The average number of grounded aircraft for F26 is estimated to be 35, with this comparing favourably to the 44 average seen in the last fiscal year. (Note: our forecasts remain based on a 300-day engine turnaround time, but future updates should reduce this).
How do you forecast on 300 days if you know that it takes over 500 days. Why not inform this news during results, this is why bad surprises come out when results are announced and it goes 30% and investor confidence in clarity also drops.