EcoJet Airlines, a Scotland-based startup carrier that planned to launch passenger flights using electric propulsion technology, has entered voluntary liquidation after failing to secure the investment needed to move the project forward.
The company was established in 2023 with the goal of developing the world’s first fully electric airline. Despite announcing several plans for future services, the carrier never reached the stage of operating commercial flights.
Documents recently filed with Edinburgh Sheriff Court show that the board has decided to close the business after attempts to raise approximately $26.8 million in additional capital were unsuccessful.
EcoJet concept was focused on adapting existing aircraft…