Wizz Air (LSE:WIZZ) plans to have its entire Airbus (EU:AIR) fleet back in service by the end of 2027, as the airline continues to grapple with ongoing engine-related groundings, according to Chief Financial Officer Ian Malin, who spoke on Tuesday.
During the International Society of Transport Aircraft Trading (ISTAT) conference in Prague, Malin said that 38 aircraft remain grounded due to lengthy inspection delays, down from a peak of nearly 60. This marks a modest improvement compared with the 41 aircraft grounded at midyear as a result of Pratt & Whitney (NYSE:RTX) GTF engine inspections.
“Overall, the plan right now is to get the entire fleet unparked by the end of calendar year 2027. That is the target that we’re working towards,” Malin stated at the conference.
The CFO cautioned, however, that achieving this goal will not be easy, saying: “That will be challenging, especially when we’re sitting here with 38 aircraft on the ground.”
Malin also noted that supply chain bottlenecks at Pratt & Whitney persist, with no visible improvement yet, continuing to hinder the airline’s efforts to return grounded jets to operation.
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