Wizz Air profit wiped out by rising fuel prices

cityam08-06 16:24

Wizz Air swung to a net loss Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit.The increased fuel costs and “extreme volatility” from the war ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2657893536?lang=en_US&edition=fundamental","thumbnail":"https://www.cityam.com/wp-content/uploads/2025/06/wizz-air-a320e85b0180d1814da0be731335c212c615_97530680-2.jpg?w=824&h=463&crop=1","is_english":true,"pubTime":"2026-08-06 16:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657893536","market":"nz","top_or_hot":-1,"title":"Wizz Air profit wiped out by rising fuel prices","media":"cityam","content":"<div>\n<p>Wizz Air swung to a net loss Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit.The increased fuel costs and “extreme volatility” from the war ...</p>\n\n<a href=\"https://www.cityam.com/wizz-air-profit-wiped-out-by-rising-fuel-prices/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wizz Air profit wiped out by rising fuel prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWizz Air profit wiped out by rising fuel prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-06 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/wizz-air-profit-wiped-out-by-rising-fuel-prices/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wizz Air swung to a net loss Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit.The increased fuel costs and “extreme volatility” from the war ...</p>\n\n<a href=\"https://www.cityam.com/wizz-air-profit-wiped-out-by-rising-fuel-prices/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IYT","symbol_name":"运输指数ETF-iShares","start_time":0,"source_url":"https://www.cityam.com/wizz-air-profit-wiped-out-by-rising-fuel-prices/","article_id":"2657893536","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/06/wizz-air-a320e85b0180d1814da0be731335c212c615_97530680-2.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/wizz-air-profit-wiped-out-by-rising-fuel-prices/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2657893536","pubTimestamp":1786004666,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Wizz Air swung to a net loss Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit.The increased fuel costs and “extreme volatility” from the war in Iran caused the budget airline to swing to a 198.2m net loss, a significant shift from its 38.4m gains the prior year.The FTSE 250 group saw total revenue inch up 5.5 per cent to 1,507.4m, driven by a 25.1 per cent increase in passengers. This took passenger numbers to 21.2m. But revenue per available seat kilometre decreased by 8.1 per cent as weaker fares squeezed profits.Garry White, chief investment commentator at Raymond James, said: “Wizz Air’s first-quarter results were disappointing.Shares dropped 4.9 per cent to 1,089.9p per share. The stock is down 16.3 per cent this year to date.Has there been a Summer recovery?The group is anticipating industry challenges to persist in the market, leading it to reallocate its fleet capacity to popular European destinations such as Spain over ","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IYT":"运输指数ETF-iShares","XTN":"SPDR S&P Transportation ETF"},"translate_title":"Wizz Air 利润因燃油价格上涨而消失","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XTN":1.5,"IYT":1.5},"content_text":"Wizz Air swung to a net loss Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit.The increased fuel costs and “extreme volatility” from the war in Iran caused the budget airline to swing to a €198.2m net loss, a significant shift from its €38.4m gains the prior year.The FTSE 250 group saw total revenue inch up 5.5 per cent to €1,507.4m, driven by a 25.1 per cent increase in passengers. This took passenger numbers to 21.2m. But revenue per available seat kilometre decreased by 8.1 per cent as weaker fares squeezed profits.Garry White, chief investment commentator at Raymond James, said:  “Wizz Air’s first-quarter results were disappointing.\n\n“Despite strong growth in passenger numbers and revenue…higher fuel costs and weaker fares squeezed yields, highlighting how cost pressures continue to offset the benefits of capacity growth.”\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShares dropped 4.9 per cent to 1,089.9p per share. The stock is down 16.3 per cent this year to date.Has there been a Summer recovery? The group is anticipating industry challenges to persist in the market, leading it to reallocate its fleet capacity to popular European destinations such as Spain over long-haul flights to the Middle East.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657893536","isCrawlerRequest":true}