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.
UAE welcomes US decision to upgrade its export control designation
The UAE has welcomed the US government's decision to elevate the UAE to an 'A5' export control designation, highlighting that it advances the decades of bilateral cooperation in technology, security, trade and investment.
Meta scraps AI image feature days after launch following privacy backlash
Meta said it is discontinuing an AI feature launched this week that allowed users to generate images using public Instagram accounts, after drawing widespread criticism over privacy concerns, including from a Hollywood union.
New Zealand, India upgrade ties as PM Modi visits Auckland
Indian Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon upgraded their nations' diplomatic ties on Saturday, as Modi seeks to bolster New Delhi's ties in the Asia-Pacific region.
Flydubai resumes flights to Syria's Aleppo after 14 years
Flydubai is expanding its network in Syria with the launch of a new daily non-stop service to Aleppo.
UAE's e& to sell Vodafone stake for nearly $6 billion
UAE telecoms group e& said on Friday it has agreed to sell its stake in Vodafone for $5.95 billion to the family group of French billionaire Xavier Niel, ending its investment in the British firm after a review of its international portfolio.
The UAE Presidential Court has announced a four-day period of mourning following the death of Sheikh Hamad bin Khalifa Al Thani, the former Emir of Qatar and father of the country's current Emir.
The UAE has strongly condemned a drone attack on Kuwait that targeted three border posts and an offshore drilling platform operated by Kuwait Oil Company.
The UAE has expressed its solidarity with Syria following a deadly ferry accident in Deir al-Zor.
