Wizz Air Cuts Winter Capacity 5% on Iran Conflict, Raises Revenue Forecast

Wizz Air reduced Northern Hemisphere winter capacity by 5% due to the US-Iran conflict, the largest cost shock to aviation since the pandemic, while raising short-term revenue guidance on strong summer performance. AirBaltic earlier filed for judicial recovery, signaling sector-wide stress. The capacity cut reflects sustained operational disruption, but the revenue upgrade suggests demand resilience.