Wizz Air has today announced that they have secured a commercial agreement with Pratt & Whitney through 2026, ensuring continues support for grounded aircraft due to powder metal issues in the PW1100G-JM geared turbofan (GTF) engines.
On Tuesday (December 31, 2024), Wizz Air announced that they have entered into a commercial support agreement with Pratt & Whitney related to the continued grounding of aircraft due to powder metal issues in the PW1100G-JM geared turbofan (GTF) engines. The carrier is projecting the continued grounding of approximately 40 Airbus A320neos through 2026 as the required inspections continue. Today’s agreement extends through calendar year 2026 and includes both operational support and a compensation package covering the airline’s direct costs associated with the grounded aircraft.
Wizz Air continues to take proactive action to mitigate the financial and operational impact of the grounded aircraft, and will work with Pratt & Whitney to return the aircraft to service as soon as possible. The carrier expects to return to growth by taking delivery of 50 new Airbus A321neos, increasing seat capacity by around 20 percent. With the delivery of these new technology aircraft, Wizz Air’s fleet will be comprised of 77 percent next generation aircraft, as the company continues to retire less efficient, previous generation, Airbus A320ceo Family aircraft.
Budapest, Hungary-based Wizz Air is the fastest growing European ultra-low-cost carrier (ULCC) and operates an all Airbus A320 and A321 Family fleet of over 220 aircraft. Wizz Air is the largest ULCC in Central and Eastern Europe and serves over 1,100 routes to/from 50 countries. During FY 2024, ending March 31, 2024, Wizz carried 62 million guests. Wizz Air offers superior guest service at exceptionally low fares. Shares in the company trade on the London Stock Exchange under the ticker symbol WIZZ.
Source: Wizz Air