Jozsef Varadi, the co-founder and CEO of Wizz Air Holdings Plc, has announced a bold plan to steer the budget airline back on course within the next two years, aiming to restore investor confidence after a series of operational and strategic challenges. Varadi, who helped launch Wizz Air in 2003, has set a target to complete the airline’s turnaround by mid-2027 — timing that coincides with the anticipated resolution of technical issues plaguing the airline’s Airbus fleet and the fading impact of its ill-fated expansion into the Middle East.

“The priority is a drastic improvement in our performance. By 2027, the Pratt & Whitney geared turbofan engine problems should be behind us,” Varadi said in an exclusive interview from London. “There is no worse scenario than being grounded.”

Wizz, headquartered in Hungary, has faced a daunting couple of years. Its share price has slipped by more than a third since early 2020, with a sharp 35% drop just last year, reflecting investor skepticism amid operational disruptions and external pressures such as geopolitical conflicts. One of the airline’s biggest challenges has been a critical defect in the metal coating of the Pratt & Whitney engines powering its Airbus planes, which forced Wizz to ground a significant portion of its fleet for expensive and lengthy repairs, derailing growth plans.

The airline’s ambitions to grow in the Middle East also suffered a major setback. After opening a base in Abu Dhabi to tap into routes connecting to India, Pakistan, and beyond, Wizz was compelled to retreat from the region following a mix of regulatory hurdles and challenging market conditions exacerbated by ongoing conflicts in surrounding areas. The withdrawal left some aircraft stranded in the UAE and dealt a blow to investor sentiment.

Asked if these difficulties stemmed from misfortune or missteps, Varadi acknowledged a bit of both. “There were unprecedented elements—engine troubles and regional instability. While I stand by many of our decisions, in hindsight, recalibrating our risk appetite might have been wise.”

Analysts back this view, noting the airline’s lack of visibility on the engine issues at the time of entering Abu Dhabi, and the unpredictable regulatory shifts in the Gulf’s aviation sector. Experts consider the recent course correction—exiting an unprofitable region—a smart move to stabilize the operation.
With expansion in the Middle East off the table, Wizz is now sharpening its focus on its core markets in Central and Eastern Europe.

 Facing stiff competition from rivals like Ryanair and EasyJet on western routes, Varadi is betting on enhancing Wizz’s foothold closer to home. The company aims to grow its market share from 26% to 30% or more in the region within five to six years, capitalizing on faster GDP growth and emerging travel hotspots like Albania’s coast and Romania’s Transylvania.

“Competition with Ryanair is a given, but there’s room for both of us to thrive while traditional airlines lose ground,” Varadi said.

A key feature of the recovery plan involves simplifying Wizz’s network and recalibrating fleet strategies. The airline no longer expects to take delivery of all 47 Airbus A321XLR super long-range jets it ordered; instead, Varadi plans to accept roughly a dozen, primarily for UK routes to Saudi Arabia, while converting many others to standard A321neos. Discussions with Airbus are underway to extend aircraft delivery schedules through 2030.

Despite the setbacks, including the heavier-than-expected XLR jets which increased operating costs, Varadi remains resolute. “We are still here,” he said. “It requires adjustments, corrections, and decisive actions, but we are committed to emerging stronger, more efficient, and with a more focused network.”

As Wizz Air charts its path forward, the emphasis is clear: a return to fundamentals, careful risk management, and a laser focus on Central and Eastern Europe to reclaim its place as a dominant low-cost carrier on the continent. The two-year deadline marks a critical milestone that could define the future of the airline and its appeal to investors eager for a turnaround.

IndiGo Airlines, India’s largest low-cost carrier, has aggressively expanded its cockpit workforce by recruiting over 1,000 pilots in the past two years, bringing its total pilot strength to 5,456 by the end of FY25. This milestone surpasses the combined pilot count of Air India and Air India Express, which stands at 5,449, underscoring IndiGo’s dominant position in the Indian aviation sector.

This rapid increase in pilot numbers coincides with IndiGo’s substantial fleet growth, currently operating 434 aircraft, with over 920 more on order, including long-range Airbus A321XLRs and A350s to support its international ambitions. The accelerated hiring is a strategic move to maintain operational reliability in the face of soaring passenger demand and an industry-wide shortage of pilots. It also differentiates IndiGo from competitors like Akasa Air, which faced pilot resignations and flight cancellations in late 2024.

India’s aviation market is witnessing unprecedented growth, with domestic air travel rising to 165 million passengers in FY25 a 17% increase over pre-pandemic levels and international travel up 49% to 34 million. Responding to this surge, IndiGo has also strengthened its cabin crew roster to over 10,212 personnel.

IndiGo is leading industry efforts in gender diversity, with women constituting 16% of its pilot workforce approximately three times the global average and aiming to reach 1,000 female pilots by 2025. The commitment to inclusivity was highlighted when the airline onboarded 77 female pilots on India’s 77th Independence Day.

Financially, IndiGo posted a profit after tax of ₹7,258 crore for FY25, marking its second consecutive year of profitability, in contrast to losses reported by other carriers such as Air India and Akasa Air.
Despite a 17% decrease in the issuance of Commercial Pilot Licenses (CPLs) in 2024, government data indicates there is currently no shortage of trained pilots in India, though the demand forecast is significant, with an estimated need for 21,500 pilots by 2034. IndiGo’s proactive recruitment and diversity initiatives position it well to meet the challenges of India’s rapidly expanding aviation market.

On 22 July 2025, Dubai, UAE, the Emirates Group launched an extensive global talent acquisition campaign aimed at recruiting 17,300 professionals during the current financial year. This hiring goal is symbolic, matching the population size of a mid-size town or the seating capacity of 58 Airbus A350 aircraft. The recruitment drive is part of the Group’s ongoing expansion strategy, reinforcing its industry-leading position.

The available opportunities span across 350 different roles across Emirates and dnata, the two flagship businesses under the Group. Emirates, recognized as the world’s most profitable and largest international airline, along with dnata, a global leader in air and travel services, are looking to fill positions that include cabin crew, pilots, engineers, commercial and sales teams, customer service, ground handling, catering, IT, human resources, and finance. Notably, dnata alone seeks over 4,000 specialists in cargo, catering, and ground handling operations.

HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline & Group, emphasized that this ambitious recruitment is aligned with Dubai’s Economic Agenda D33 and the Group’s growth trajectory. He expressed that the goal is to attract world-class talent capable of driving innovation, excellence, and the future transformation of the aviation industry. He views this initiative as an opportunity for skilled professionals to become integral to the Group’s ongoing success and expansion.

To reach potential candidates globally, the Emirates Group will hold over 2,100 open days and various talent acquisition events across 150 cities throughout the year. These events will provide a chance for prospective pilots, IT professionals, engineers, and cabin crew members to engage directly with recruitment teams and long-serving Emirates employees sharing their experiences. In addition to international outreach, Dubai-based events will focus on involving UAE national students and graduates, supporting national workforce development.

Since 2022, the Emirates Group has recruited more than 41,000 professionals, with nearly 27,000 in operational roles, contributing to the current workforce size of approximately 121,000 employees. The Group continues to be a magnet for talent around the world due to its strong brand reputation, people-centric policies, tax-free remuneration, comprehensive benefits, and esteemed training and career development programs.

In the past financial year alone, the Group received in excess of 3.7 million job applications, illustrating its global appeal. Candidates are drawn to Dubai not only for professional opportunities but also for the city’s safety, economic stability, advanced technological infrastructure, forward-looking policies, and vibrant lifestyle.

For those residing in Dubai and working for the Emirates Group, benefits are extensive, including eligibility for profit sharing, comprehensive medical and life insurance coverage, a wide array of travel benefits encompassing annual and service-related leave tickets, concessional rates for family and friends, discounted cargo rates, and membership privileges unlocking reductions at hundreds of retail, hospitality, and lifestyle destinations.

Candidates interested in joining the Emirates Group can explore available positions and upcoming recruitment events worldwide by visiting the Group’s official careers portal. This recruitment drive showcases the Emirates Group’s unwavering commitment to growth, innovation, and maintaining its status as a global employer of choice, while welcoming talented professionals prepared to contribute to shaping the future of aviation.