Wizz Air was the biggest faller in London on Thursday after the airline group posted a 60% drop in operating profit and held off providing guidance for the year ahead.
Grounded planes were the big problem for Wizz Air. The company had 42 planes grounded at the end of FY25, which had fallen to 37 as of May 2025. The company expects this to fall to 34 by the end of next year. This would still mean a large proportion of its fleet is out of action.
Nonetheless, today's nosedive in the Wizz Air share price should be considered.
Wizz Air's management spoke of resilience during the period dealing w...
