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.
Apple shows first touchscreen laptops amid product blitz
Apple CEO John Ternus unveiled the company's first touchscreen MacBooks on Wednesday, abandoning a long-held aversion to the technology as it caps a burst of product launches ahead of the holiday shopping season.
UAE, Canada sign CEPA during Abu Dhabi Crown Prince's official visit
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi has witnessed the signing of the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Canada during his official visit to the country.
DTC signs five-year renewal to increase Dubai's taxi fleet by 7,700
Dubai Taxi Company (DTC) has announced the renewal of their strategic agreement with National Taxi and Hala for a further five years.
DIP Holding begins IPO subscription period with offer price range
DIP Holding, owner of Dubai Investments Park, has announced an offer price range between AED 1.10 and AED 1.15 per share, as it begins subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM) on Tuesday.
UAE capital markets reflect strong performance in first 9 months of 2026
The UAE financial markets have recorded strong performance during the first nine months of 2026, with number of companies licensed by Capital Market Authority rising 43 per cent and the combined market capitalisation of ADX and DFM touching AED 3.7 trillion.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has declared January 7 as the new annual national occasion, Zayed the Founder Day, dedicated to celebrating the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan's "enduring legacy" and carrying his values forward.
Sharjah has temporarily closed the city’s beaches as a precaution against possible marine pollution from a recent oil spill involving a tanker.
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, will begin an official visit to South Korea tomorrow, leading a high-level delegation of government leaders and officials.
