The airline will function no extra flights.
The airline stopped flights (Picture: Getty)
A serious airline working flights out of the UK has plunged into liquidation and ceased operations. Ascend Airways, which operated for simply three years below its present identify, equipped plane to carriers together with Oman Air, Air Sierra Leone and TUI Airways earlier than stopping flights with quick impact on April 27.
These airways usually are not affected by the collapse, as Ascend operated providers on their behalf. Crew have been knowledgeable of the shutdown the identical day and issued letters confirming the corporate had entered liquidation. A public announcement was delayed till a flight from Muscat landed safely at London Stansted Airport (YD187).
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Chatting with the Solar, an insider stated: “It’s gone bust right now, we bought the information this afternoon. We’ve all been given the letters that it’s all going into liquidation.” In an inside electronic mail, the corporate cited financial pressures, rising UK prices and a scarcity of contracts as causes behind the collapse.
TUI Airways was among the many carriers that used plane operated by Ascend Airways earlier than its collapse (Picture: UK)
The insider continued: “It’s to do with the financial system, we couldn’t get contracts, the UK is much more costly than Europe. The gas state of affairs had an enormous impact on it as nicely.”
Workers at the moment are reported to face uncertainty over wages, they stated: “We’re not going to receives a commission for Could and we have now to undergo the liquidators,”
“You would stand up to £750 per week however we’re not going to get the total quantity we’re owed.”
The had additionally been involved for months, reportedly, as a consequence of unpaid payments and rising monetary stress.
Hopes of securing an IOSA licence in March, which might have allowed growth into international routes, failed.
Makes an attempt to maintain the airline working additionally collapsed after potential companions refused to tackle sufficient plane.
“It’s 40 per cent cheaper to make use of airways in Europe than the UK as a result of taxes are too excessive,” the insider claimed.
Ascend Airways collapsed after citing rising UK prices, a scarcity of contracts and gas pressures (Picture: Getty)
The collapse has left workers pissed off, significantly after the airline had lately recruited extra crew.
“We have been fairly stunned they took on extra crew, I believe they have been banking on getting the IOSA,” the insider added.
The downturn intensified when the airline reportedly missed funds to its leasing firm, resulting in a swift collapse.
“After we heard they hadn’t paid, we knew it was downhill quick,” the insider stated.
Ascend Airways initially launched in 2004 below Synergy Aviation earlier than rebranding in 2023.
On the time of its collapse, it operated a fleet of 1 Boeing 737-800 and 6 Boeing 737 MAX 8 plane.
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