Overview
- A UK court granted a winding-up order for Global Airlines on 4 November 2026, a decision published in The Gazette on 12 November 2026 that begins compulsory liquidation proceedings.
- The Official Receiver has taken control of the company and will investigate the conduct of directors, collect remaining assets for creditors and is likely to freeze company bank accounts and arrange asset sales.
- Global Airlines never secured its own air operator’s certificate and relied on wet-lease flights operated by Hi Fly Malta for a handful of transatlantic services in May 2025, while its only Airbus A380 (9H-GLOBL, msn 120) has been parked at Lourdes/Tarbes since July 2025 pending costly heavy maintenance.
- The winding-up petition that led to the order was filed on 29 May 2026, and former directors Tom Stokely and Prashant Uttamchandani have joined the case as supporting creditors.
- Public records show overdue accounts at Companies House and a gap between founder James Asquith’s public promises of a relaunch and the company’s operational reality, leaving investors and employees exposed as the Official Receiver pursues recoveries and enquiries.