The airline has been in enterprise since 2023.
EL ALTO, BOLIVIA – FEBRUARY 28: A industrial aircraft flies over the world the place the Bolivian Air Pressure aircraft that crashed in El Alto, Bolivia, on February 27, 2026. A Bolivian Air Pressure (FAB) Hercules plane carrying cash crashed upon touchdown within the metropolis of El Alto, leaving at the least 15 lifeless and 28 injured based on the primary official report. (Picture by Jorge Mateo Romay Salinas/Anadolu through Getty Photos) (Picture: Anadolu through Getty Photos)
A British airline has collapsed into liquidation following a reported try to lift £20million.
Scottish agency Ecojet Airways had been heralded because the world’s first all-electric airline, established in 2023 by entrepreneur Dale Vince, a outstanding Labour donor and proprietor of Forest Inexperienced Rovers soccer membership.
The airline harboured formidable plans for long-haul flights and European routes, with an preliminary service from Edinburgh to Southampton mapped out. Nevertheless, a petition was introduced earlier than Edinburgh Sheriff Court docket to wind up the enterprise and appoint joint interim liquidators, based on paperwork from the tip of January.
On the time of launch, Mr Vince acknowledged: “It is a very important frontier within the transfer to web zero, inexperienced residing, no matter you select to name it – and it is completely doable. It is a matter of when, not if.”
The Herald stories that Paul Dounis and Mark Harper, of Opus Restructuring, had been appointed as provisional liquidators. Opus confirmed the motion adopted a “voluntary liquidation initiated by the corporate’s board.”
It added: “Ecojet was a start-up enterprise and has no materials belongings. The members have elected to fund the liquidation course of to make sure that the corporate’s staff obtain their full statutory entitlements.”
Ecotricity proclaimed on its web site on the time of the launch: “The transfer marks the start of an aviation revolution by making net-zero, emission-free air journey doable for the primary time.
“Ecojet’s fleet will comprise standard planes retrofitted with hydrogen-electric powertrains. As soon as transformed, the plane will function with the identical energy output as earlier than, however with a 100% discount in CO2 emissions.
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“The choice to repurpose outdated planes somewhat than construct new fashions from scratch will save 90,000 tonnes of carbon per yr. The one byproduct will likely be water, which may be captured and launched into the decrease ambiance to keep away from the dangerous results of contrails.”
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