The airline has ceased all operations.
Airline enters liquidation (Picture: Getty)
A British airline working flights from Gatwick Airport and Stansted Airport has collapsed into liquidation.
Ascend Airways has axed all flights with instant impact and can now give up its UK Air Operator’s Certificates (AOC). The corporate was established in 2004 however traded underneath its present title for less than three years.
We use your sign-up to offer content material in methods you’ve got consented to and to enhance our understanding of you. This will embody adverts from us and third events primarily based on our understanding. You may unsubscribe at any time. Learn our Privateness Coverage
As a “wet-lease” operator, the airline offered plane to carriers together with Oman Air, Air Sierra Leone and TUI Airways. Also called ACMI (Plane, Crew, Upkeep and Insurance coverage), they supplied a short-term provide of totally crewed plane to different airways.
In response to sources inside the firm, an e-mail was circulated to staff citing financial pressures, together with the influence of the battle in Iran on the jet gas disaster, for the closure.
A supply instructed The Solar: “It is gone bust in the present day, we acquired the information this afternoon. We have all been given the letters that it is all going into liquidation.”
They added: “It is to do with the economic system, we could not get contracts, the UK is much more costly than Europe. The gas state of affairs had an enormous impact on it as effectively.”
Workers had been knowledgeable that the airline would halt operations after their ultimate flight with Oman Air had touched down from Muscat at Stansted Airport on Thursday.
It has been confirmed the airline’s Malaysian operation will stay unaffected. The provider acknowledged in a LinkedIn submit: “Ascend Airways Malaysia stays operationally steady, continues to fulfill all its contractual obligations and is progressing on monitor with communicated growth plans.”
Ascend Airways Malaysia secured its air operator’s certificates and air providers allow in direction of the top of final yr. It has been operating cargo flights with a Boeing 737-800 freighter (9M-ASC) and had beforehand acknowledged it supposed to broaden into passenger providers within the first quarter of 2026.
Ascend Airways Malaysia has now revealed it intends to launch passenger operations in July. “We will likely be working carefully with the Civil Aviation Authority of Malaysia to finish the required approvals and put together the plane for service,” it stated.
The UK division of Ascend Airways initially launched in 2004 underneath Synergy Aviation earlier than rebranding in 2023. On the level of its collapse, it ran a fleet of 1 Boeing 737-800 and 6 Boeing 737 MAX 8 plane.
Leave a Reply