Ecojet Airlines has plunged into liquidation – the Scottish firm had plans to become the world’s first all-electric airline as part of a ‘aviation revolution’
10:48, 07 Mar 2026Updated 11:35, 07 Mar 2026
A British airline has entered liquidation (stock)(Image: Anadolu via Getty Images)
A British airline has plunged into liquidation following a reported bid to raise £20million.
Scottish firm Ecojet Airlines had been billed as the world’s first all-electric airline and was set up in 2023 by entrepreneur Dale Vince, a prominent Labour donor and owner of Forest Green Rovers football club.
The airline lofty plans for long-haul flights and routes in mainland Europe, and an initial route from Edinburgh to Southampton was plotted. However, a petition was brought to Edinburgh Sheriff Court for the business to be wound and joint interim liquidators appointed, documents from the end of January show.
At the time of launch, Mr Vince stated: “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.”
EcoJet has ceased operations(Image: EcoJet)
The Herald reports that Paul Dounis and Mark Harper, of Opus Restructuring, were appointed as provisional liquidators. Opus confirmed the action followed a “voluntary liquidation initiated by the company’s board”.
It added: “Ecojet was a start-up business and has no material assets. The members have elected to fund the liquidation process to ensure that the company’s employees receive their full statutory entitlements.”
Dale Vince(Image: Steve Reigate)
Ecotricity declared on its website at the time of the launch: “The move marks the beginning of an aviation revolution by making net-zero, emission-free air travel possible for the first time.
“Ecojet’s fleet will comprise conventional planes retrofitted with hydrogen-electric powertrains. Once converted, the aircraft will operate with the same power output as before, but with a 100% reduction in CO2 emissions.
EcoJet’s commercial flights never got off the ground
“The decision to repurpose old planes rather than build new models from scratch will save 90,000 tonnes of carbon per year. The only byproduct will be water, which can be captured and released into the lower atmosphere to avoid the harmful effects of contrails.”