Wizz Air says it will suspend its Abu Dhabi operations starting Sept. 1. The Hungarian low-cost airline cited geopolitical instability, supply chain issues, and limited market access as key challenges.

Barclays upgraded Wizz Air on Thursday to ‘equalweight’ from ‘underweight’ and lifted the price target to 1,100p from 900p as it said the decision to exit Abu Dhabi was a "strategic positive".

Wizz Air Abu Dhabi, introduced to ‘shake up’ the Gulf’s aviation narrative, is closing down — drawing a firm line under what turned out to be a short, sharp lesson in