03.07.2026 21:10
Due to the financial crisis that emerged in the global aviation sector in 2026, the Swiss luxury charter airline company Air Mountain officially went bankrupt. After the court decision, the company's flight license was completely revoked and its fleet aircraft were confiscated, with experts emphasizing that a major collapse is occurring in the industry.
A deep financial contraction that has emerged in the global aviation sector since the first half of 2026 is driving regional and boutique carriers into bankruptcy one by one.
Most recently, Air Mountain, a luxury charter airline based in the Swiss city of Sion, officially shut down after failing to overcome its financial crisis.
LICENSE REVOKED, CREDITORS AT THE DOOR
Legal appeals made by the company's management against the bankruptcy decision issued by the Sion Court at the beginning of June were rejected by the judiciary. Following this development, the Swiss Federal Office of Civil Aviation (BAZL) announced that as of June 10, it had completely revoked Air Mountain's Air Operator Certificate (AOC). With the cancellation of the license, the two Beechcraft King Air B200 aircraft in the company's fleet were seized by creditors.
"MAINTENANCE DELAYS HIT THE SKI SEASON, FLIGHTS WERE CANCELLED"
Air Mountain Director Raphaël Délèze, speaking to local media outlet RTS about the background of the collapse, highlighted disruptions in the technical supply chain. Délèze confirmed that delays in parts and supplies during aircraft maintenance processes caused them to miss the winter ski season, which ensured cash flow, and stated that this situation prevented urgent cash needs. As the crisis escalated, the company was forced to cancel more than 30 flights it had planned for the summer period.
WIDESPREAD COLLAPSE IN THE SECTOR
Aviation analysts and experts emphasize that Air Mountain's bankruptcy is not an isolated crisis, but that a major shakeout is occurring across the sector in 2026. In the first half of the year, the US giant low-cost airline Spirit Airlines had to halt operations due to rising fuel costs, while regional companies such as Slovenia-based AlpAvia and Sweden's H-Bird lost their licenses and withdrew from the aviation market. Experts warn that rising operational budgets will continue to increase pressure on small-scale charter companies.