Another Airline files for bankruptcy as Zenith Aviation shuts down operations

British charter company Zenith Aviation has entered administration and canceled all flights, becoming the latest airline to close due to rising fuel costs and liquidity problems. The company, based at London’s Biggin Hill Airport, operated short charter flights across the UK and neighboring Europe with one Learjet 45 and two Learjet 75s. Administrator Paul Hargreaves of Nexus Corporate Solutions said …

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