UK airline cancels all flights after collapsing into liquidation

The airline ran out of money and could not pay its debts.A UK airline has ceased operations and cancelled future flights after being ordered into compuslory liquidation. It comes after the company ran out of money, meaning it could not launch a further flight schedule. The High Court of Justice, in London, officially issued a winding-up order against the firm on Wednesday, November 4 after it could not pay its debts.