As summer holiday chaos looms, and the Iran war continues to dry up jet fuel supplies and send flight prices soaring, the UK’s aviation industry is being decimated.
The Prime Minister even warned Brits may need to change their summer holiday plans because of the jet fuel crisis.
And now, in a string of closures, another British airline has gone bust – and it has blamed the ongoing Middle East war and increase in jet fuel prices for the situation.
Ascend Airways, which operated flights from major UK hubs such as Gatwick Airport and Stansted Airport, has cancelled all its flights effective immediately – with 161 jobs affected.
The ‘wet-lease’ carrier, a British ACMI (Aircraft, Crew, Maintenance and Insurance) and charter airline, previously provided aircraft for other organisations.
This includes carriers such as Tui Airways, Oman Air and Air Sierra Leone.