Private jet charter operator Zenith Aviation Limited has collapsed into administration with the loss of all 41 jobs at the business after mounting financial pressures.
The London Biggin Hill-based company formally entered administration on May 15, with an administrator now exploring whether the operation can still be rescued or sold to a buyer.
Zenith Aviation had operated as a major provider of executive jet hire, aircraft management and engineering services across Britain and Europe before the business fell into insolvency.
Paul Hargreaves, from Nexus Corporate Solutions Limited, was appointed administrator by the company’s director after the firm encountered worsening financial difficulties.
Mr Hargreaves said the company had entered…