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.

Etihad Airways is capitalizing on the opportunity created by Wizz Air Abu Dhabi’s upcoming shutdown, unveiling seven new routes from the UAE capital that will fill gaps left by the ULCC’s exit.

Investing.com -- Barclays has upgraded Wizz Air to “equal weight” from “underweight” and raised its price target from £9 to £11, citing the carrier’s exit from Abu Dhabi as a strategic correction, in a note dated Thursday.