Overview
- The Insolvency and Companies Court approved a winding‑up order on November 4, 2026, and that order was published in The Gazette on November 12 after a petition filed on May 29, 2026.
- An officer of the Insolvency Service, named as Official Receiver, is now the liquidator and will usually freeze the company’s bank accounts, catalogue and sell any assets, and investigate the conduct of directors to seek money for creditors.
- Two former directors, Tom Stokely and Prashant Uttamchandani, formally joined the case as supporting creditors and are represented by law firm Katten Muchin Rosenman.
- Global Airlines never held its own Air Operator Certificate; its single A380, registration 9H‑GLOBL, flew on wet‑lease services in May 2025 and has been in long‑term storage in Tarbes since July 2025 while awaiting costly heavy maintenance.
- Investors face likely losses after years of spending on the project, Companies House still shows the firm as active with overdue accounts, and the Official Receiver’s work could lead to asset sales, director inquiries and creditor claims being settled in the coming months.