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UK airline Global Airlines ordered into compulsory liquidation

Summarised from 2 outlets · Updated 14 Nov, 12:31 · Archive

Global Airlines, a UK startup founded in 2019, has been ordered into compulsory liquidation by the Insolvency and Companies Court on 4 November. The airline had planned to operate a fleet of four Airbus A380 aircraft and described itself as the first new A380 owner in eight years when it acquired its sole aircraft in May 2023.

The winding-up petition was filed in May, with several hearings held subsequently, including one in October. The court order was published in the Gazette on 12 November. Former company directors Tom Stokely and Prashant Uttamchandani joined the case as supporting creditors and were represented by law firm Katten Muchin Rosenman.

Following the court order, an official receiver has taken control of winding up the company. Government guidelines state that the company's bank accounts will typically be frozen and its assets sold off to repay creditors. Global Airlines operated its maiden flight from Glasgow to New York-JFK on 15 May 2025 under a damp lease arrangement with Hi Fly Malta. As of the latest update, the company remains listed as active on Companies House, though its most recent accounts are overdue.

UK airline Global Airlines ordered into compulsory liquidation
Image: Oxford Mail

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How it is being reported

In this story: Global Airlines · UK · Insolvency and Companies Court · Airbus · Tom Stokely · Prashant Uttamchandani · Hi Fly Malta · Glasgow

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log