
Wizz Air shuts Abu Dhabi operation to focus on Europe
The London-quoted, Budapest-based budget carrier cited 'supply chain constraints, geopolitical instability and limited market access' for the decision to end its Abu Dhabi services.
Wizz is also in talks with Airbus about scaling back an order for 47 new longer-range A321 XLR aircraft and converting some of these to regular A321 jets.
The airline, which has a fleet of 235 aircraft, has been hobbled for much of the last two years after a key supplier, Pratt & Whitney, announced plans to recall its engines over fears of failure, resulting in Wizz having to ground more than a fifth of its fleet at any one time. That plunged the airline into further seasonal losses after the groundings and dislocation of the pandemic from 2020 and then the loss of lucrative markets in Ukraine following the Russian invasion in 2022.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Finextra
an hour ago
- Finextra
First Abu Dhabi Bank and MAstercard name winner of FAB Forward Fintech Challenge
'Inovat', a digital solution that offers a seamless, fully digital value-added tax (VAT) refund experience for travellers to save them money on shopping abroad, has emerged as the winner of the second edition of the FAB forward Fintech Challenge. 0 This collaborative initiative between Mastercard and First Abu Dhabi Bank (FAB) aims to foster fintech innovation in the UAE. Under the tagline 'Drive the future of banking', the competition invited later-stage fintech startups to submit their pioneering solutions to pressing financial challenges across three categories – 'Hyper-personalized Experiences', 'Blockchain-Powered Business' and 'Beyond Banking'. The competition witnessed a strong uptake with over 135 entries received. A panel of experts from Mastercard and FAB evaluated the submissions based on innovation and novelty, market potential, business model and revenue potential, product fit, growth strategy, financial health as well as team and execution. Five selected finalists – Inovat, Crayon Data, Fiskl, Nuclei and Uome – presented their ideas at a pitch day. 'Inovat' was adjudged winner for its innovative fully digital solution that tackles a real traveller pain point through strategic collaboration with banks and airlines. Their solution not only saves customers money abroad but could also enhance FAB's digital engagement capabilities. The winner was announced at an award ceremony hosted at the FAB headquarters in Abu Dhabi. As winner, 'Inovat' received a host of benefits, including the opportunity to work on a proof of concept with FAB, exposure to banking leaders, venture capital and potential investment partners as well as a cash prize of $100,000. The FAB forward Fintech Challenge is a core initiative of the long-term collaboration between First Abu Dhabi Bank (FAB) and Mastercard, reflecting a shared commitment to driving digital transformation and innovation in the UAE's financial sector. By bringing together FAB's deep regional expertise and Mastercard's global technology leadership, the programme provides fintech startups with access to mentorship, real-world validation, and opportunities to collaborate with leading financial institutions. With a focus on customer-centric innovation and next-generation financial services, the Challenge underscores the importance of collaboration between established industry leaders and emerging fintechs in building a more dynamic and inclusive digital economy for the UAE and beyond.

Finextra
an hour ago
- Finextra
EazyPay and Tamara join forces
Eazy Financial Services ("EazyPay"), a leading Bahraini financial institution specializing in Point-of-Sale (POS) and online payment gateway acquiring services, has announced a strategic partnership with Tamara, one of the region's fastest-growing fintech platforms and a pioneer of the "Buy Now, Pay Later" (BNPL) model in the GCC. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Through this collaboration, EazyPay will serve as Tamara's local acquirer and provide advanced payment gateway services, enabling secure, seamless, and efficient transaction processing across Tamara's expanding network of merchants and customers in the Gulf. The partnership was formalized during a signing ceremony held on Wednesday, 25 June 2025, underscoring both companies' commitment to advancing the region's digital payments infrastructure. Nayef Tawfiq Al Alawi, Founder & CEO of EazyPay, commented: 'Tamara has rapidly become a key player in how consumers across the region choose to pay—particularly with the rise of BNPL models. By supporting their platform with our payment gateway services, we're enabling a smoother, faster, and more reliable experience for merchants and customers alike. It's a strong example of how fintech collaboration can deliver real value to the market.' Faris Al-Obaid, CEO and Vice Chairman of Tamara Bahrain B.S.C., added: 'We are absolutely thrilled to announce our strategic partnership with EazyPay in Bahrain, marking a pivotal moment for Tamara's expansion in the MENA region. EazyPay, a leader in payment solutions, will not only serve as our local acquirer but also as a key strategic partner for our growing operations in Bahrain. This collaboration is a testament to our commitment to enhancing our service offering and delivering a seamless, elevated experience to our customers. We are confident that EazyPay's local expertise and strong infrastructure will help us achieve our shared goals and promote financial inclusivity in the Kingdom.' This strategic alliance also reflects EazyPay's continued efforts to drive innovation and foster collaboration within the regional fintech ecosystem. As a homegrown Bahraini fintech leader, EazyPay remains committed to forging strong partnerships that support the wider digital transformation agenda shaping the future of commerce in the GCC. By combining Tamara's innovative consumer payment experience with EazyPay's proven technology infrastructure, this partnership is set to elevate the digital commerce experience across the Gulf, creating greater value and convenience for businesses and consumers alike.


The Independent
2 hours ago
- The Independent
Boeing flight diverted to check fuel switches amid Air India crash investigation
An India-bound Boeing aircraft was forced to return to Abu Dhabi for fuel control switch checks amid ongoing investigations into the Air India crash. Etihad Airways flight EY352, travelling from the UAE capital to Hyderabad, India, turned back to Abu Dhabi under an engineering work order mid-flight on Sunday (13 July), the Times of India reported. The order to check the locking mechanism on fuel supply switches came shortly after a preliminary report by India's Aircraft Accident Investigation Bureau (AAIB) was made public on Saturday. According to FlightAware data, the Boeing 787-9 aircraft departed Abu Dhabi at 10pm local time before it was diverted to its departure airport. The Etihad flight was one and a half hours into the almost four-hour journey to Rajiv Gandhi International Airport. India's Directorate General of Civil Aviation has ordered airlines to inspect the fuel switches on certain aircraft, including Boeing 787s and 737s, following the fatal Air India crash on 12 June. The crash of flight AI171, a Boeing 787-8 headed to London Gatwick, killed 260 people. The preliminary Air India report found that the fuel switches for the engines of the Air India jet, which crashed last month, almost simultaneously flipped to cutoff seconds after takeoff from Ahmedabad. It said: 'In the cockpit voice recording, one of the pilots is heard asking the other why did he cutoff? The other pilot responded that he did not do so.' South Korea's Transport Ministry introduced similar inspections of fuel switch locks for domestic airlines on Tuesday. The UAE flag carrier airline said: 'Etihad always ensures its maintenance is fully compliant,' in a statement to The Times. The Federal Aviation Administration (FAA) has advised checks for a locking system failure in the fuel control on Boeing models since 2018, following complaints from pilots about faulty installations; however, these checks are not mandatory. For this reason, the Air India crash preliminary report found the airline had not carried out the FAA's suggested fuel switch inspections. Significantly, the report says: 'At this stage of investigation, there are no recommended actions to B787-8 and/or GE GEnx-1B engine operators and manufacturers.' This suggests no evidence of a technical fault that might jeopardise similar aircraft. The US FAA responded to growing concerns by insisting the fuel switch used on the aircraft was safe. Air India announced on Tuesday (15 July) the 'partial restoration' of flight schedules that had been reduced during a 'safety pause' following the tragic accident.