A GLOBAL issue with some Airbus plane engines will reduce the capacity of Wizz Air by around one tenth according to an initial estimate, the business said.
Wizz Air said that its capacity would be 10 per cent lower in the second half of the 2024 financial year, after aerospace supplier RTX said it would have to perform quality control on engines installed in hundreds of planes across the world.
RTX yesterday said that a "rare condition in powder metal used to manufacture certain engine parts" had necessitated the checks.
It said 600-700 Pratt & Whitney geared turbofan engines would need to be removed to be examined between 2023 and 2026.
Wizz Air said the issue would end up grounding some of its aircraft.
"Wizz Air is currently assessing the implications to understand the extent of the impact on its fleet, with initial estimates indicating a potential capacity reduction of 10 per cent for the second half of the 2024 financial year," the airline said.
Shares dropped to close down 4.38 per cent after the news.
PA
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