Liquidators appointed as Irish charter airline struggles due to Iran war and rising fuel prices

Airline says valuable leased aircraft are located around Europe and need to be repatriated
The High Court has appointed joint provisional liquidators to a Dublin-registered charter airline which has run into financial difficulties due to the Iran war and the rise in the price of fuel.

The High Court has appointed joint provisional liquidators to a Dublin-registered charter airline which has run into financial difficulties due to the Iran war and the rise in the price of fuel.

The High Court has appointed joint provisional liquidators to a Dublin-registered charter airline which has run into financial difficulties due to the Iran war and the rise in the price of fuel.

Fly4 Airlines Green Ltd, with registered offices at Dublin Airport, was set up just over three years ago in August 2023 as a joint venture between Polish airline Enter Air and TUI B, part of the German tourism and travel group TUI. On Tuesday, Bernard Dunleavy SC, with Barry Mansfield BL, for Fly4, said the board had decided to apply to appoint provisional liquidators in an effort to deal with an insolvency situation which will arise at the end of the month and in a situation where valuable leased aircraft are located around Europe and need to be repatriated.

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