UK airline plunges into administration and cancels all flights - in business since 2020

UK airline plunges into administration and cancels all flights - in business since 2020More than 200 jobs are potentially affected. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Catherine Mackinlay, News Reporter 22:19, Fri, Jun 5, 2026 Updated: 22:21, Fri, Jun 5, 2026 Mandatory Credit: Photo Reduced flying activity, working capital pressures and rising fuel costs wer (Image: Nicolas Economou/NurPhoto/REX/Shutterstock)A UK airline has collapsed into administration after facing mounting financial pressures, with more than 200 jobs potentially affected. European Cargo, based at Bournemouth International Airport, appointed joint administrators on Wednesday after what it described as a period of "significant financial pressure". window.scriptsToLoad.push({url:'https://live.primis.tech/live/liveView.php?s=118222&vp_content=plembed3a6btjknzwqh&cbuster=%%CACHEBUSTER%%&playerApiId=v118222',triggeredBy:'tcfLoaded',delay:1500,containerId:'ovp-primis',title:"Primis player",beforeLoad:()=>{window.top.addEventListener('primisPlayerInit',e=>{try{if(e.detail&&e.detail.playerApiId==="v118222"){if(window.document.getElementsByClassName('jwplayer')[0]){e.detail.float('disable')}}}catch(e){}})},}) The freight airline said reduced flying activity, working capital challenges and rising fuel costs had all contributed to the business's collapse. In a statement published on its website, the company said: "The company has ceased trading and, regrettably, redundancies are being made. Affected employees are being contacted as a priority – while also engaging with customers, suppliers, creditors and other key stakeholders." European Cargo specialised in transporting freight using Airbus A340-600 aircraft and became known during the Covid-19 pandemic for flying personal protective equipment (PPE) into Bournemouth Airport. It began operations in April 2020 when its parent company, European Aviation,...