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WZZZY does not currently pay a dividend.
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Wizz Air Holdings Plc, alongside its subsidiary companies, specializes in offering commercial air travel for passengers. Their focus is on scheduled, direct flights covering short to medium distances across both European and Middle Eastern territories. According to figures from June 8, 2022, the airline maintained an operational fleet of 154 aircraft, which serviced approximately 1,000 routes. These routes departed from 194 airports and spanned 51 different countries. All of the company's services are delivered under the distinct Wizz Air brand. Founded in 2003, Wizz Air Holdings Plc has its corporate headquarters situated in Saint Helier, Jersey.
Wizz Air Holdings PLC (AIM:WIZZ) faces a slower earnings recovery than the almost "hockey stick" that investors expect, leading RBC Capital Markets to downgrade the budget airline. Moving to an 'underperform' rating from 'sector perform', the investment bank kept its £9 share price target, implying about 20% downside from the last close, arguing that the market is pricing in a much stronger rebound in profits than its forecasts support.
Investors have continued to unwind bearish bets against European airlines over the past month, according to Citi. The bank published fresh positioning data, drawn from its quantitative team, showing how investors are betting on the sector.
Wizz Air Holdings Plc (WZZZY) Q4 2026 Earnings Call Transcript
Wizz Air LON: WIZZ reported a return to pre-tax profitability and said it expects market disruption later in the year to create opportunities for the low-cost carrier, even as it continues to manage engine-related aircraft groundings and a reshaped network.
The low-cost carrier posted a slump in net profit for the year through March and said it wasn't providing guidance for fiscal 2027.