Wizz Air estimates that the current crisis in the Middle East will result in a negative impact to its FY26 net profits of c.€50m.

In a statement issued to investors, the airline says that in terms of the expected impact, approximately one third is a result of cutting certain scheduled services to the Middle East, such as the Abu Dhabi base with the remainder from the adverse movement in macroeconomic factors as a result of the Iran conflict.

The statement, issued on March 4th read: “Our assessment of the impact of these macroeconomic factors is based on jet fuel and US$/€ rates as of today [March 4th], and assumes that these rates will remain at current levels for rest of Fiscal Year 2026.

READ: Wizz Air to close Abu Dhabi subsidiary

As a result, Wizz Air expects that its reported net profits will fall below the guidance released on January 29th, 2026, given at the time as ‘Expected to be in the range of +€25m to -€25m.’

Wizz Air will update the market as appropriate and will announce its F26 results on Thursday, June 11th.