Liquidators appointed as Irish charter airline struggles due to Iran war and rising fuel prices
6 Articles
6 Articles
Fly4 Airlines Green, an Ireland-based company established in partnership with TUI, one of the world's largest tourism groups, has succumbed to rising jet fuel costs. The company, which leased all of its aircraft to operations in Turkey, Germany, and Belgium, has filed for liquidation.
Irish airline Fly4 Airlines, partly owned by TUI Group, has run into serious financial difficulties as a result of the Iran war and rising fuel prices. Spanish AlbaStar has also thrown in the towel.
TUI Group airline to liquidate and shut down over jet fuel costs
Multiple smaller airlines have initiated insolvency proceedings in the last months of 2026 as the price of jet fuel shows no signs of easing. Romanian airline Animawings, Mexican holiday carrier Magnicharters, and Spanish holiday airline AlbaStar are just among some of the names abruptly canceled…
Ireland's Fly4 Airlines enters provisional liquidation
Dublin-based ACMI/charter specialist Fly4 Airlines (4F, Dublin International) has successfully petitioned the Irish High Court to be placed into provisional liquidation, according to Irish news provider The Currency. A spokesperson for Interpath Advisory confirmed to ch-aviation that the court appointed restructuring specialists Brendan O’Reilly and Mark Degnan as joint provisional liquidators of Fly4 Airlines Green Limited (the company's legal …
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