Finance
Wizz Air near deal to order Pratt & Whitney engines for new jets, sources say
Published by Global Banking & Finance Review®
Posted on June 17, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 17, 2025
2 min readLast updated: January 23, 2026
Wizz Air is close to a deal with Pratt & Whitney for engines on 177 Airbus jets, possibly announced at the Paris Airshow, amid ongoing engine issues.
LONDON (Reuters) -Wizz Air is edging towards a deal with RTX-owned Pratt & Whitney to purchase engines for 177 of its Airbus jets already on order, according to two industry sources.
An announcement could come as early as this week's Paris Airshow, they said, adding it would form part of a settlement with the engine maker over groundings caused by repair times.
Wizz Air and Pratt & Whitney parent RTX declined comment.
The airline, which operates an all-Airbus fleet, last year said it had two options - its current supplier Pratt & Whitney, whose engines are facing issues worldwide, forcing airlines to ground planes, and competitor CFM, a joint venture between GE Aerospace and France's Safran.
Choosing the next engine provider would depend on the acquisition cost, durability of the engine, operating cost and cost guarantees for aftermarket activities, Wizz Air Chief Executive Jozsef Varadi told Reuters.
Wizz Air is among airlines that have been forced to ground a large number of planes due to a powder metal issue with the Pratt & Whitney's geared turbofan (GTF) engine.
Its profit for its 2025 financial year, which ends on March 31, slumped over 60% due to the knock-on effects of the groundings.
(Reporting by Joanna Plucinska in London, Tim Hepher in Paris and Allison Lampert in MontrealEditing by Matthew Lewis)
Wizz Air is negotiating a deal to purchase engines for 177 Airbus jets already on order.
Wizz Air has grounded planes due to a powder metal issue with Pratt & Whitney's geared turbofan (GTF) engine.
Wizz Air's choice will depend on acquisition cost, engine durability, operating costs, and cost guarantees for aftermarket activities.
Wizz Air's profit for the 2025 financial year slumped over 60% due to the effects of the groundings.
An announcement regarding the engine deal could come as early as this week's Paris Airshow.
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