{"id":44351,"date":"2024-12-31T12:57:49","date_gmt":"2024-12-31T12:57:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/wizz-air-to-keep-40-planes-grounded-through-2026-due-to-engine-issues\/"},"modified":"2024-12-31T12:57:49","modified_gmt":"2024-12-31T12:57:49","slug":"wizz-air-to-keep-40-planes-grounded-through-2026-due-to-engine-issues","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/wizz-air-to-keep-40-planes-grounded-through-2026-due-to-engine-issues\/","title":{"rendered":"Wizz Air to keep 40 planes grounded through 2026 due to engine issues"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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Wizz Air, the Hungarian low-cost airline, is facing significant operational headwinds as it continues to grapple with engine-related issues. <\/p>\n

On Tuesday, the airline announced that it has signed a new support agreement with defense and aerospace firm RTX’s Pratt & Whitney. <\/p>\n

This agreement comes as Wizz Air expects to keep 40 of its aircraft grounded through fiscal year 2026 due to ongoing engine problems.<\/p>\n

Under the terms of the new agreement, Pratt & Whitney will provide comprehensive commercial support to Wizz Air through the end of 2026, this support includes operational assistance and a compensation package to address the direct costs associated with the grounded aircraft. <\/p>\n

Wizz Air, headquartered in Budapest and operating an all-Airbus fleet, has been significantly impacted by Pratt & Whitney’s 2023 announcement that more than 1,000 engines needed to be removed from Airbus planes for checks for microscopic cracks.<\/p>\n

The impact of engine inspections<\/h2>\n

These engine inspections have led to ongoing disruptions for Wizz Air. <\/p>\n

In September 2023, the airline estimated a potential 10% reduction in capacity during the second half of fiscal 2024 due to the necessary engine checks. <\/p>\n

These challenges were compounded in November 2024, when Wizz Air reported a larger-than-expected drop in first-half profit, citing not only the ongoing disruptions related to grounded Airbus planes, but also the effects of conflict in the Middle East.<\/p>\n

Looking ahead: a return to growth in 2026<\/h2>\n

Despite the continued difficulties, Wizz Air remains optimistic about returning to growth, with a focus on 2026. <\/p>\n

The airline anticipates taking delivery of 50 new Airbus A321NEO aircraft and plans to grow seat capacity by approximately 20% during that year. <\/p>\n

This strategy signals the airline’s intention to move past the current challenges and capitalize on market opportunities.<\/p>\n

The post Wizz Air to keep 40 planes grounded through 2026 due to engine issues<\/a> appeared first on Invezz<\/a><\/p>\n

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(Originally posted on : Invezz ) Wizz Air, the Hungarian low-cost airline, is facing significant operational headwinds as it continues to grapple with engine-related issues. On Tuesday, the airline announced that it has signed a new support agreement with defense and aerospace firm RTX’s Pratt & Whitney. This agreement comes as Wizz Air expects to […]<\/p>\n","protected":false},"author":3947362378,"featured_media":44352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[38],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44351"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362378"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=44351"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/44352"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=44351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=44351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=44351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}