Wizz Air quarterly results impacted by supply chain, lowers full year profit guidance

Wizz Air has lowered its full year profit guidance after its operating profit slumped around 44% to €44.6 million in the first quarter of the 2025 fiscal year. Its total revenues were up 16% to €274.6 million in the same period. It reported a net profit for the period of €1.2 million, down from €61.1 million. Following the results, the airline’s outlook for the year anticipates its full fiscal year net income to be in the range of €350-450 million, having previously estimated the range to be around €500 million and €600 million. The all-Airbus fleet airline has contended with