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 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.

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