Bankrupt regional airline to liquidate, cancels all flights

With aviation 1 of the astir costly industries successful which 1 tin interruption into with a caller company, smaller airlines periodically extremity up going bankrupt oregon successful immoderate cases shutting down earlier they tin instrumentality off.

The Air Operator's Certificate (AOC) fixed retired by the aviation regulatory bureau successful a fixed state requires the hose to beryllium that it has the indispensable aircraft, unit and fiscal resources to not conscionable motorboat but enactment operational successful the coming future.

Airlines that person precocious mislaid their AOCs owed to its fiscal concern see Swedish bearer H-Bird, Austrian charter hose Mali Air and the SmartLynx institution down respective determination airlines successful Europe.

Launched with large plans of becoming the world's archetypal zero-emission determination hose by British greenish capitalist Dale Vince, Edinburgh-based Ecojet Airlines has present unopen down each operations aft entering voluntary liquidation, oregon the British equivalent of Chapter 7 bankruptcy, successful January 2026.

A last-ditch effort to rise £20 cardinal from caller investors person yet failed to cookware out. The archetypal program unveiled by Vince and erstwhile aviator Brent Smith successful 2023 had been to acquisition aged Twin Otter and ATR 72 craft and past person their kerosene engines for hydrogen-electric ones developed by craft maker ZeroAvia.

Related: Another determination hose files for Chapter 7 bankruptcy and liquidates

The transportation to investors besides promised an archetypal way betwixt Edinburgh and Southampton and an eventual enlargement to cities wrong the UK, mainland Europe and yet an ambitious web of long-haul flights.

But the archetypal funds invested by Vince personally ran retired owed to the complexity astir converting engines and utilizing a propulsion strategy that is lone successful the precise aboriginal stages of being tested crossed the industry.

In January 2025, Ecojet laid disconnected astir each of the unit hired to make the hose and grounded the formation plans for immoderate aboriginal flights indefinitely. With the liquidation process present underway, the last axe has slammed connected the task arsenic a petition submitted to Edinburgh Sheriff Court asked "the tribunal that Ecojet Airlines Limited beryllium coiled up by the tribunal and associated interim liquidators appointed."

• Spirit Airlines (Spirit Aviation Holdings, Inc.): Filed for Chapter 11 bankruptcy for the 2nd time on August 29, 2025.

• Ravn Alaska: Ceased operations in August 2025 after earlier Chapter 11 proceedings; unopen down flights and folded into different operations such arsenic New Pacific.

• Corporate Air: Filed for Chapter 11 bankruptcy (restructuring) in September 2025 as portion of a planned sale, according to Bondoro.

• Play Airlines: The Reykjavik-based hose unopen down operations and entered involuntary bankruptcy in September 2025.

• Braathens Airlines: The hose was forced to record for bankruptcy and canceled each flights in September 2025.