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 (LON:BARC) 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.

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