Airline Flybe has gone into medication and cancelled each flights to and from the UK.
A connection connected the airline's website said it had "ceased trading" and told immoderate passengers expecting to question with it not to spell to the airport.
It added that it would not beryllium capable to assistance passengers put alternate flights.
The UK Civil Aviation Authority said it would beryllium connected manus to supply proposal and accusation to those affected.
It marks the 2nd clip the hose has gone into medication successful caller years.
In March 2020, it announced it would cease trading, citing the coronavirus pandemic arsenic a contributory factor.
The institution was rescued aft being bought by Thyme Opco, a steadfast linked to US hedge money Cyrus Capital, and resumed operations successful April of past year.
A connection published connected the FlyBe website aboriginal connected Saturday said the High Court had appointed associated administrators for Flybe Limited, the sanction fixed to Thyme Opco pursuing the takeover.
"Flybe has present ceased trading and each flights from and to the UK operated by Flybe person been cancelled and volition not beryllium rescheduled," it read.
"If you are owed to alert with Flybe contiguous oregon successful the future, delight bash not question to the airdrome unless you person arranged an alternate formation with different airline."
It added that anyone who had booked a formation with Flybe via an intermediary should interaction that intermediary directly.