UAE GDP: AED 2.03T ▲ 5.7% | Non-Oil GDP Share: 84.3% ▼ -5.2pp | FDI Inflows: $45.6B ▲ 48.7% | GDP Growth: 4.0% ▲ -0.3pp vs 2023 | Inflation: 1.7% ▼ +0.0pp vs 2023 | Female Participation: 55.1% ▲ +0.6pp vs 2023 | Population: 11.0M ▲ 4.8% | Emiratisation Rate: 12.5% ▲ 2.1pp | Global Competitiveness: #7 ▲ 3 places | Clean Energy Capacity: 7.2 GW ▲ 18.4% | ADX Index: 9,842 ▲ 4.7% | DFM Index: 4,621 ▲ 6.2% | UAE GDP: AED 2.03T ▲ 5.7% | Non-Oil GDP Share: 84.3% ▼ -5.2pp | FDI Inflows: $45.6B ▲ 48.7% | GDP Growth: 4.0% ▲ -0.3pp vs 2023 | Inflation: 1.7% ▼ +0.0pp vs 2023 | Female Participation: 55.1% ▲ +0.6pp vs 2023 | Population: 11.0M ▲ 4.8% | Emiratisation Rate: 12.5% ▲ 2.1pp | Global Competitiveness: #7 ▲ 3 places | Clean Energy Capacity: 7.2 GW ▲ 18.4% | ADX Index: 9,842 ▲ 4.7% | DFM Index: 4,621 ▲ 6.2% |

Definition

Wizz Air Abu Dhabi is an ultra-low-cost carrier (ULCC) established as a joint venture between Hungary-based Wizz Air Holdings and Abu Dhabi Developmental Holding Company (ADQ). Launched in 2021, the airline operates from Abu Dhabi International Airport, offering budget air travel to destinations across the Middle East, Central Asia, Africa, and Europe. The carrier follows the Wizz Air model of high aircraft utilization, ancillary revenue, and single aircraft-type fleets.

UAE Context

Wizz Air Abu Dhabi was created as part of Abu Dhabi’s strategy to diversify its aviation sector beyond the full-service model of Etihad Airways. By attracting a proven European ULCC brand, Abu Dhabi gained access to new passenger demographics and route networks that complement rather than compete with Etihad. The airline focuses on underserved city pairs connecting Abu Dhabi to secondary destinations in Eastern Europe, Central Asia, and the Indian subcontinent, expanding the emirate’s overall connectivity footprint.

Key Data

  • Launched: January 2021
  • Ownership: Joint venture between Wizz Air Holdings and ADQ
  • Base: Abu Dhabi International Airport
  • Fleet: Airbus A321neo aircraft
  • Model: Ultra-low-cost carrier with ancillary revenue focus
  • Route focus: Middle East, Central Asia, Africa, Southern and Eastern Europe

Significance for Vision 2031

Wizz Air Abu Dhabi supports Abu Dhabi’s goal of becoming a multi-segment aviation hub. By serving the budget travel segment, the airline helps increase total passenger throughput, supports tourism growth targets, and strengthens the non-oil economy. The joint venture structure also demonstrates the UAE’s capacity to attract international aviation partnerships and leverage foreign expertise to expand domestic capabilities.

  • Abu Dhabi - Home emirate and operational base
  • Non-Oil GDP - Diversification metric supported by aviation expansion
  • D33 Agenda - Dubai’s parallel economic plan with tourism targets