Scots eco airline goes bust as dozens of flights cancelled

EcoJet Airlines, which aimed to be the world’s first electric airline, has collapsed last year following a reported failed bid to raise £20 million.

Dozens of flights have been axed after liquidators were appointed to a doomed Scottish based airline.

EcoJet Airlines, which aimed to be the world’s first electric airline, collapsed last year following a reported failed bid to raise £20 million.

Provisional liquidators were appointed in February – and, as reported by The Herald, Opus Restructuring has now been appointed as the formal liquidators for the firm.

The update was announced in the Gazette government records, with Paul Dounis and Mark Harper from the firm appointed to wind up the company.

Opus restructuring said the owners of EcoJet are funding the process in order to aid employees.

A spokesperson said: “EcoJet was a start-up business and has no material assets. The members have elected to fund the liquidation process to ensure that the company’s employees receive their full statutory entitlements.”

EcoJet had planned flights from Edinburgh to Southampton and wanted to launch other journeys across Europe, but the schedule was never launched amid the collapse.

The travel firm was launched in Edinburgh back in 2023 by entrepreneur Dale Vince. Mr Vince, who is also the founder of green energy firm Ecotricity, said he has “paused investment into EcoJet”.

He said: “We remain committed to electrifying all forms of transport – aviation is the last frontier and the hardest.

“It’s taking longer than we hoped, to get the technology and regulatory pieces of the puzzle in alignment, and so we’re pausing work at this time.”

Mr Vince added: “This is a vital frontier in the move to net zero, green living, whatever you choose to call it – and it’s absolutely doable. It’s a matter of when not if.”

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