What Happened
Scotland-Based Electric Airline Startup Fails To Secure Funding
EcoJet Airlines, a Scotland-based startup aiming to develop the world’s first fully electric airline, has entered voluntary liquidation due to unsuccessful attempts to raise additional capital. The company, established in 2023, planned to equip conventional airframes with hydrogen-electric propulsion systems to reduce carbon emissions. Despite announcing plans for future services, including a route between Edinburgh and Southampton, EcoJet never reached commercial operations. The closure comes after the company failed to secure approximately $26.8 million in funding, as reported by AeroTime.