The ongoing conflict in the Middle East between the US, Israel, and Iran has resulted in a recent spike in fuel prices.
Many airlines have felt the effects, and now Hertfordshire-based Ascend Airways has reportedly entered liquidation.
The UK company offered aircraft for other airline carriers, such as Tui Airways, Oman Air and Air Sierra Leone and operated at Southend Airport and Gatwick Airport.
UK airline Ascend Airways goes into liquidation
Ascend Airways is set to return its fleet of Boeing 737 Max 8s to lessors and surrender its air operator’s certificate (AOC), Flight Global reports.
The company was originally founded as Synergy Aviation as a small charter and management firm.
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