A number of airways have gone out of enterprise in current months.
One other airline has collapsed into liquidation following monetary troubles.
This comes after the liquidation of Scottish operator EcoJet Airways, alongside Royal Air Philippines getting into administration and grounding all flights.
Indian constitution operator Dove Airways has now ceased operations after getting into voluntary liquidation in January. The provider was established in 2007 and was primarily based in Kolkata. Dove Airways mainly supplied enterprise and personal constitution companies from its Kolkata headquarters. It held authorisation to conduct non-scheduled flights and maintained a fleet that included a 2005-built Cessna Quotation Jet 2, registered VT-DOV.
The provider has not performed flights since 2022 when it surrendered its ultimate Cessna Quotation Jet to collectors, in accordance with The Avenue. Manufacturing agency Usha-Martin bought its 50 per cent shareholding within the provider in 2015 owing to persistent monetary losses.
The corporate was held in insolvency proceedings for years whereas makes an attempt to safe contemporary funding continued. However, after these efforts proved fruitless, the provider opted to enter voluntary liquidation proceedings underneath the Insolvency and Chapter Board of India (IBBI).
Mr Pranab Kumar Chakrabarty was appointed because the liquidator to oversee the distribution of belongings and settlement of excellent liabilities. Collectors and stakeholders had been obliged to submit proof of their claims by February 4. “At its peak, Dove Airways operated as a non-scheduled (constitution) provider, offering passenger and cargo companies utilizing regional plane just like the Dornier 228,” Insolvency Tracker stories.
“Regardless of bold mid-career plans to hitch the federal government’s UDAN scheme for regional connectivity, the airline remained affected by monetary stress, grounded fleets, and authorized disputes with plane lessors.”
This follows Smartlynx Airways being compelled to cancel all flights after getting into administration. The Latvia-based agency had been buying and selling since 1992 however was compelled to halt all operations after enduring monetary difficulties since autumn 2025.
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Each plane was grounded following unsuccessful makes an attempt to rescue the enterprise. The provider had constructed a robust popularity supplying European airways similar to easyJet, which might apply their very own branding to the in any other case unmarked plane. In more moderen years, the airline had even expanded its operations so far as India.
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