Wizz Air Holdings Plc’s top executive expects the number of aircraft grounded due to flaws with Pratt & Whitney’s geared turbofan engines will take another six to 12 months to reach their peak, later than the turbine’s manufacturer has projected.
RTX Corp.’s Pratt unit has been overwhelmed by the volume of engines coming in for repairs, Wizz Air Chief Executive Officer Jozsef Varadi said Thursday in an interview. Roughly 20% of Wizz’s fleet is parked as the turbines undergo inspections and fixes, with wait times of about 300 days until they can be reinstalled on an aircraft, the high end of what RTX has forecast.
