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International Business Times UK
International Business Times UK
Business
Ana Trenas

Ascend Airways Liquidation Cancels All Flights, UK Airline Cites Insurmountable Fuel Costs for Collapse

Ascend United Kingdom Donald Trump Spirit Airlines
Ascend Airways liquidation send other airlines scrambling for replacement (Credit: Ascend Airways/https://ascendairways.aero/)

A UK-based airline has abruptly ceased operations, cancelling all scheduled flights and entering liquidation after what insiders describe as 'unsustainable fuel and operating costs', leaving staff jobless and raising fresh concerns over the stability of the aviation sector with the ongoing fuel shortages due to the Iran war.

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