Iceland's Wow Air has ceased operations and cancelled all flights, leaving thousands of passengers stranded.
On Thursday morning, Wow said on its website: “Wow Air has ceased operation. All Wow Air flights have been cancelled."
WOW Air is the latest casualty among budget airlines, after efforts to raise more funds failed.
"I will never forgive myself for not having acted earlier," WOW CEO and founder Skuli Mogensen wrote in a letter to the company's 1,000 employees.
Tesla to sell Model Y cars in India, starting at $69,770
Tech entrepreneur Elon Musk's Tesla is selling its Model Y cars in India starting at about $69,770 (AED 256,230), its website showed on Tuesday, as the electric car maker prepared to open its first showroom in the financial capital of Mumbai.
Wizz Air to exit Abu Dhabi operations
Low-cost carrier Wizz Air said on Monday it would exit its Abu Dhabi operations and suspend all locally based flights from September due to operational challenges and geopolitical developments in the Middle East.
DP World to develop Syria’s Tartus Port under $800 million agreement
DP World has signed a 30‑year concession agreement worth $800 million with Syria’s General Authority for Land and Sea Ports to redevelop and operate the Port of Tartus.
UAE strengthens intellectual property ties with Spain, Morocco
The UAE's Ministry of Economy and Tourism has signed two agreements with Spain and Morocco to strengthen cooperation in industrial property rights.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
Hear Maz & James chatting to the featured artists every month with Flash Entertainment.
S.N.E joins The Fusion with Eddie for an unforgettable episode! 🔥
Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...
