THREE airlines officially went into liquidation this year with many passengers having their flights affected.
Here’s everything you need to know.
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Spirit Airlines
Just days ago, US airline Spirit Airlines announced it was shutting down and would be cancelling all of its flights.
The budget carrier had been in talks with the US government about securing a rescue deal to save it from collapse, but in early May announced its liquidation.
The airline said on its website it had “started an orderly wind-down of our operations, effective immediately”.
Spirit had filed for its second bankruptcy in recent years – but experts said rising fuel costs caused by the war in Iran had pushed it over the edge.
According to The Independent, the airline had over 4,000 domestic flights scheduled through mid-May and has refunded most of its customers.
Ascend Airways
Ascend Airways went into liquidation in late April.
The airline provided aircraft for other carriers, with previous ones including Oman Air, Air Sierra Leone and Tui Airways.
A company email suggested a combination of economic pressure, soaring UK costs and a lack of contracts was the cause of the collapse.
An insider told Sun Travel: “It’s to do with the economy, we couldn’t get contracts, the UK is a lot more expensive than Europe.
“The fuel situation had a massive effect on it as well.“
EcoJet
Earlier this year, Edinburgh’s EcoJet went bust – without ever actually launching a flight.
It was founded in 2023 by entrepreneur Dale Vince and with the aim of being the world’s first electric airline.
In early May, The Herald reported that Opus Restructuring were appointed the formal liquidators for the firm.
A spokesperson said: “EcoJet was a start-up business and has no material assets.
“The members have elected to fund the liquidation process to ensure that the company’s employees receive their full statutory entitlements.”
EcoJet had planned flights from Edinburgh to Southampton and wanted to launch other journeys across Europe – but the flights never took off.