The ultra-low-cost Hungarian airline Wizz Air has reported a net loss of €241.1 million for the third quarter of fiscal year 2025, citing operational challenges from grounding 20% of its fleet over issues with the GTF engine. 

In its unaudited financial results for Q3 F25, released on January 30, 2025, Wizz Air said it carried 15.5 million passengers, marking a 2.6% increase compared to the same period in the previous year. The airline’s revenue reached €1,176 billion, which is a 10.5% increase compared to the previous year. 

In terms of capacity, there was a 1.7% decrease in available seat kilometers (ASK) and a 0.4% drop in available seats. However, the load factor increased by 3.1% to 90.3%. The reported net loss for the third quarter was €241.1 million, compared to a loss of €105.4 million in the same period of FY24. 

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