<\/p>\n
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations.<\/p>\n
Mexican holiday carrier Magnicharters also\u00a0filed for bankruptcy protection\u00a0in Mexico City in May while\u00a0British cargo airline European Cargo entered administration, which is the equivalent of bankruptcy in the United Kingdom, at the start of June.<\/p>\n
Maeve Aerospace, a Netherlands-based hybrid-electric airplane developer that was once treated like a sustainable aviation wunderkind by investors, was\u00a0declared insolvent by a Dutch court\u00a0at the start of June while Irish airplane leasing company Priority 1 also entered administration last week.<\/p>\n
Air Mountain declared bankrupt by Switzerland court<\/p>\n
The latest airline to be ruled bankrupt by a judge in Switzerland is charter airline Air Mountain.<\/p>\n
Established out of Sion in southwestern Switzerland for the 2021 ski season, Air Mountain operated on a business model of flying wealthy travelers to The Alps and its Valais region from cities such as Geneva, London, Rome and St. Tropez.\u00a0<\/p>\n
Related: Another plane company enters bankruptcy, will liquidate<\/p>\n
At the start of June, the charter airline was declared bankrupt by the Court of Sion. Efforts to appeal the decision have ultimately not panned out and, on June 10, the Swiss Federal Office of Civil Aviation\u00a0revoked the airline’s air operator’s license (AOC).<\/p>\n
As a result, more than 30 flights scheduled for Sion Airport (SIR) through the summer of 2026 have been canceled permanently as two of Air Mountain’s eight-seat Beechcraft King Air B200 planes remain parked and seized by creditors.<\/p>\n
Air Mountain operated charter flights to The Alps from several destinations.<\/p>\n
Shutterstock<\/p>\n
What is happening with Air Mountain airline now<\/p>\n
Air Mountain Director Rapha\u00ebl D\u00e9l\u00e8ze said to local news outlet RTS that the airline had presented a restructuring plan earlier in the year but was hit by bankruptcy at the worst possible time given that the delay of the the ski season for aircraft maintenance prevented it from bringing in the funds to make a dent on the growing dent.<\/p>\n
More Travel News:<\/p>\n
Airline to launch unusual new flight to Cayman Islands from the U.S.There is a very cool Irish version of swimming pigs in the BahamasUnexpected country is most luxurious travel destination for 2026Low-cost airline launches easier way to get to Sri Lanka<\/p>\n
Air Mountain also worked with local Alps tour operator VT Vacances in La Chaux-des-Fonds. <\/p>\n
Director St\u00e9phane Jayet said to Swiss outlet ArcInfo that, as a result of the cancelation of all Air Mountain flights, it is now looking for a foreign airline to take over service to the ski town high up in the Jura Moutains.<\/p>\n
Airlines that filed for bankruptcy\u00a0in the first half of 2026:Spirit Airlines:\u00a0The largest airline shutdown of the year occurred when Spirit Airlines\u00a0canceled all remaining flights\u00a0on May 2. Although the airline had filed for Chapter 11 protection twice before, the skyrocketing price of jet fuel dealt the final blow to its operations.Magnicharters:\u00a0The\u00a0Mexican low-cost airline\u00a0canceled all of its flights until May 2026 in a shutdown that left thousands stranded.Starflite Aviation:\u00a0Houston-based\u00a0Starflite Aviation\u00a0had its AOC license revoked in March 2026, amid FAA claims that\u00a0owners falsified pilot training records\u00a0to bypass safety audits.AlpAvia:\u00a0Slovenian\u00a0charter airline AlpAvia\u00a0also shut down in March 2026 over financial problems.H-Bird: Charter airline\u00a0H-Bird was declared bankrupt\u00a0by a Swedish judge\u00a0after losing its operating license\u00a0at the end of 2025.<\/p>\n
Related: Another airline files for bankruptcy protection, cancels flights<\/p>\n
#airline #files #bankruptcy #protection #cancels #flights<\/p>\n","protected":false},"excerpt":{"rendered":"
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