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EcoJet Airlines Enters Voluntary Liquidation After Funding Bid Fails

Court filings confirm a board-initiated wind-down after an unsuccessful £20 million raise.

Overview

  • Provisional liquidators Paul Dounis and Mark Harper of Opus Restructuring were appointed by Edinburgh Sheriff Court in late January.
  • Opus said the start-up had no material assets, with members funding the liquidation so employees receive their statutory entitlements.
  • The airline never launched commercial services and all planned flights have been cancelled.
  • Founded in 2023 in Edinburgh by Dale Vince and pilot Brent Smith, EcoJet had planned to start with an EdinburghSouthampton route before expanding into Europe.
  • The venture promoted hydrogen‑electric retrofits to cut CO2 emissions to zero, a company claim, with Vince citing technology and regulatory delays for the stalled launch.