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Airline goes into administration Airline goes into administration
(10 minutes later)
A Scottish airline is understood to have gone into administration.A Scottish airline is understood to have gone into administration.
Inverness-based airline Highland Airways is thought to have called in pricewaterhousecoopers on Wednesday night to take over the running of the business, which also operates in Wales. Inverness-based airline Highland Airways is thought to have called in PricewaterhouseCoopers on Wednesday night to take over the running of the business, which also operates in Wales.
All its Thursday flights have been cancelled and no further bookings are being taken.All its Thursday flights have been cancelled and no further bookings are being taken.
The airline's problems came to light at the start of the year after severe weather led to cancelled flights.The airline's problems came to light at the start of the year after severe weather led to cancelled flights.
This led to a worsening debt situation for the company.This led to a worsening debt situation for the company.
It had been hoped a new investor would be found to help the firm survive.It had been hoped a new investor would be found to help the firm survive.
It is thought the firm's staff - about 100 - were called in at about 0700 GMT to be informed of the decision.It is thought the firm's staff - about 100 - were called in at about 0700 GMT to be informed of the decision.
Highland Airways runs services between Cardiff and Anglesey, Stornoway and Benbecula in the Outer Hebrides and Oban and the Inner Hebrides.Highland Airways runs services between Cardiff and Anglesey, Stornoway and Benbecula in the Outer Hebrides and Oban and the Inner Hebrides.
Other activities include aerial work, newspaper delivery to some Scottish islands, corporate staff shuttles and air charter.Other activities include aerial work, newspaper delivery to some Scottish islands, corporate staff shuttles and air charter.
So far no-one from the company has been available for comment.So far no-one from the company has been available for comment.