Wizz Air expects its profit for fiscal year 2026 to be below the guidance.

LootboxPhobia · 2026-03-05T03:37:05+00:00

Wizz Air expects that due to Middle East turmoil, net profit for fiscal year 2026 will be lower than previously forecasted, with a loss of approximately €50 million. The impact mainly stems from the suspension of Middle East route services and macroeconomic factors.

LootboxPhobia

2026-03-05 03:37:05

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Investing.com – Wizz Air Holdings PLC (LSE:WIZZ) announced on Wednesday that due to turmoil in the Middle East, the company expects its net profit for fiscal year 2026 to be below previous guidance.

The low-cost airline estimates that the current Middle East crisis will negatively impact its net profit for fiscal year 2026 by approximately €50 million.

The company now expects its net profit for fiscal year 2026 to fall below the previously guided range of €25 million to -€25 million.

Wizz Air stated that one-third of the impact is due to the suspension of Middle Eastern routes, with the remaining caused by macroeconomic factors.

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