Wizz Air Holdings will close Wizz Air Abu Dhabi as part of a strategic restructuring.
The company will focus on its core markets in Central and Eastern Europe as well as Western European markets such as Austria, Italy, and the United Kingdom. This decision was based on a comprehensive reassessment of market trends in the Middle East, operational challenges, and geopolitical developments.
In the past year, issues such as engine reliability in extreme high temperatures, demand impacts due to geopolitical instability from airspace closures and operational disruptions, and regulatory restrictions limiting entry and expansion into important markets have made it difficult to realize an ultra-low-cost model.
Wizz Air Abu Dhabi was established in December 2019 by Hungary-based Wizz Air and Abu Dhabi Developmental Holding, a government fund of the United Arab Emirates (UAE). Operations began in 2021, with Wizz Air holding a 49% stake.
All operations based in Abu Dhabi will be halted by September 1, and the joint venture will be dissolved. Customers with reservations will be offered refunds or alternative flights.
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