TUI and Enter Air’s Fly4 enters provisional liquidation

Ireland’s High Court appointed joint provisional liquidators to Dublin-based charter and wet-lease carrier Fly4 Airlines Green Ltd on 10 November 2026, following an application by the company. Fly4’s flying programme ended in October, and all four of its Boeing 737-800s were on the ground by 6 November. 

Polish charter airline Enter Air owns 51% of Fly4, with Germany’s TUI holding the remaining 49%. The joint venture was set up in 2023 to provide additional aircraft and crews to airlines and tour operators. It made its commercial debut on 10 March 2024, operating flight JAF1603 from Liège to Las Palmas and Tenerife. Its recent customers included Germany’s Sundair, which used Fly4 capacity in October.

The court heard that Fly4 lost about €16 million in 2024 and €4 million in 2025, with low winter aircraft utilisation weighing on both years. The company had forecast a €3 million profit for 2026 but recorded a €1.1 million loss in the first nine months. Chief financial officer Douglas Fay attributed the shortfall to the war involving Iran and the associated rise in fuel costs.

One of the four 737-800s, EI-FFD, was reported parked at Brussels Airport from 3 November. Two others were at Istanbul Atatürk and the fourth was at Nuremberg. Interpath’s joint provisional liquidators, Brendan O’Reilly and Mark Degnan, are securing the company’s assets and reviewing its aircraft arrangements and contracts.

The court heard that Fly4 had 20 direct employees, 12 in Ireland and eight in the UK, and that about 80 aircrew were engaged through third parties. The judge said the case could return to court at the end of November.

Sources: The Irish Times, ch-aviation, aeroTELEGRAPH