UK independent AB Airlines, which went into administration on 30 July, has ceased scheduled services after its administrator decided its negative cashflow was "too serious" to allow it to continue operations.
AB offered flights from London Gatwick to Nice, France, and Shannon, Ireland. The airline says its wet-lease and charter activities will continue. It hopes to be sold intact. "We are in serious discussions with seriously interested parties for the sale of the airline as a going concern," it says.
Source: Flight International
