Just two years after launching flights, the airline has sent its fleet of aircraft into storage (Image: Getty)
The UK’s newest airline, which has been operating an impressive fleet of Boeing 737 aircraft, has collapsed amid soaring jet fuel prices and throwing the careers of over 160 staff into jeopardy. Accountants acting on behalf of Ascend Airways, which began operations only two years ago, announced on April 28 that the carrier had decided to close operations and surrender its Air Operators’ Certificate (AOC) to the UK Civil Aviation Authority (CAA).
It has also returned its fleet of seven Boeing 737s to lessors with immediate effect. The airline operated a fleet of six Boeing 737 MAX 8s and a single 737-800, and operated on an…