Ecojet Airlines Liquidation News: Opus Restructuring Winds Up EcoJet
Ecojet Airlines liquidation news: EcoJet Airlines has entered liquidation, and all flights linked to the Scottish start-up have been cancelled. The move formalizes the collapse of a company that never reached operating flights, leaving its Edinburgh-Southampton plan and wider European routes on paper only.
Wednesday, 6th May 2026 brought the formal appointment of Opus Restructuring as liquidators, with Paul Dounis and Mark Harper named to wind up the company. That step follows provisional liquidators being appointed in February 2026, after EcoJet failed in a reported attempt to raise £20 million.
EcoJet’s Edinburgh launch never took off
2023 marked the founding of EcoJet in Edinburgh by entrepreneur Dale Vince, who had positioned the airline around electric aviation. The planned service from Edinburgh to Southampton never began, and the collapse ended any immediate path to launch.
£20 million was the reported funding target that did not come through, and the scale of that shortfall left the airline without the capital needed to move from plans to operations. For passengers who were watching for a debut schedule, the practical result is blunt: there are no EcoJet flights to rebook or recover.
Opus Restructuring handles liquidation
Paul Dounis and Mark Harper are carrying out the wind-up through Opus Restructuring, after the appointment was published in the Gazette Government records on Wednesday, 6th May 2026. The filing turns the company’s shutdown into a formal insolvency process rather than an informal pause.
EcoJet’s owners are funding the liquidation process so employees receive their full statutory entitlements. A spokesperson said, “EcoJet was a start-up business and has no material assets.” The same spokesperson added, “The members have elected to fund the liquidation process to ensure that the company's employees receive their full statutory entitlements.”
Dale Vince pauses investment
Dale Vince said he has paused investment into EcoJet and tied that decision to the pace of technology and regulation. “We remain committed to electrifying all forms of transport – aviation is the last frontier and the hardest,” he said.
“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,” Vince said. He also said, “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.” For employees, the immediate issue is the liquidation funding for their statutory entitlements; for everyone who expected an EcoJet timetable, the airline is now a closed file rather than a delayed launch.
