Central European budget carrier Wizz Air is holding crucial discussions on contingency and maintenance for engines as part of a powerplant selection tender covering nearly 180 aircraft.

The airline states that the negotiations – relating to additional engineering shop-visit slots and increased access to spare engines – will conclude by the end of June.

Wizz Air says the engine tender for 177 Airbus A321neos covers “important considerations” on powerplant support.

The carrier is still experiencing considerable disruption as a result of remedy work on Pratt & Whitney PW1100G geared turbofans.

It expects around 34 of its aircraft to remain grounded over the engine issues by the end of September this year.

Wizz states in its full-year 2024-25 financial briefing that the groundings are on a downward trend – from 42 at the end of March to 37 in early May – but its operating profit sank by more than 60% to €167.5 million ($191 million).

Wizz A321neo-c-Wizz Air

“Despite the unproductivity of a grounded fleet, we successfully delivered a second consecutive year of profitability,” says chief executive Jozsef Varadi.

“The number of grounded aircraft will start reducing in both absolute and relative terms and this is why we have reached a transformation point.”

The carrier says it experienced “significant challenges” with an average of 44 aircraft parked over the course of 2024-25 – equivalent to almost 20% of the fleet.

But it says improved utilisation of the operational aircraft and use of wet-leasing helped the carrier keep capacity flat.

Over the year Wizz also received 26 new A321neos and 14 spare engines, enabling it to “mitigate some of the impact”.

Wizz is still assuming that average shop-visit time to return engines to service is 300 days.

But the proportion of the fleet out of service is falling, as the number of grounded aircraft declines and the airline expands with Airbus deliveries.

Wizz says the Airbus delivery schedule for 138 A321neos due for delivery over the next three years was amended in January. The deliveries will expand the fleet from 231 aircraft to 305 in March 2028, down from the previous forecast of 380.





Source link

Posted in
Uncategorized
Related Posts
Limousine Comments are Closed

Plan the perfect NYC Memorial Day weekend

Pack only what you need and avoid overpacking to streamline the check-in and security screening…

News Comments are Closed

LA’s worst traffic areas and how to avoid them

Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…

Peruvian ministers discuss Gripen acquisition on official visit to Sweden | News

Senior government officials from Peru discussed the possibility of acquiring the latest Gripen E/F fighter…

Luxair on track for initial E195-E2 delivery before year-end

Luxair is confident of commencing initial Embraer 195-E2 operations in January next year, in line…

US government approves $1.85bn F-35 sustainment package for Poland and $861m C-17 support deal for UK RAF

The US government has cleared sustainment packages for Poland’s Lockheed Martin F-35A fighters and the…

UK’s One Air to take first 777F under operating lease

UK-based cargo carrier One Air is introducing its initial Boeing 777 freighter, one of a…

How is aviation tackling its contrails of concern? | Analysis

There is a cruel irony that one of the most visible parts of aviation’s impact…

Why military conversions are big business for executive jet producers | Analysis

With their long-endurance performance, plentiful onboard power and ability to carry a broad variety of…

Industry eyes greener future despite hydrogen adoption delay | Analysis

Any organisation funding the research and technology (R&T) activities necessary for aviation’s future faces a…

How will the UK wield its buying power as defence spending rises? | Analysis

The UK government’s commitment ­earlier this year to significantly boost defence spending over the coming…

Ground-vibration tests completed on fully-substituted MC-21

United Aircraft has completed ground-vibration testing of the import-substituted Yakovlev MC-21 prototype, moving the twinjet…

United Aircraft team details widebody twinjet family proposal similar to 787

Russian intellectual property authorities have registered a patent from aerospace firm United Aircraft detailing a…

Post a comment

Your email address will not be published.