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.
The carrier, identified as Ascend Airways, halted operations immediately after one of its final flights landed at London Stansted Airport. Staff were informed soon after, that the company would no longer continue servicing travellers, marking a sudden and dramatic end to its relatively short-lived operations.
Ascend Airways did not sell seats directly to passengers – instead, it operated behind the scenes. Also…