Ecojet Shuts Down After Dale Vince Halts Investment in Net Zero Airline

Dale Vince, a major Labour donor and founder of Ecotricity, has terminated plans for Ecojet, the UK-based all-electric airline, after withdrawing all financial support. Restructuring experts have been appointed to liquidate the company, which had aimed to launch as Britain’s green flag carrier using hydrogen-electric aircraft. Ecojet, established in 2023, sought £20 million to secure an air operator’s certificate and begin operations with reconfigured Twin Otter planes powered by ZeroAvia technology. The project faced delays, including mass layoffs in 2024, and failed to raise sufficient capital. While the firm claimed in August 2025 that it remained on track, Vince confirmed on January 22, 2026, that progress was paused due to unresolved technological and regulatory hurdles. He stated aviation electrification remains feasible but “taking longer than hoped.” Despite the shutdown, some investors are exploring options to revive elements of the business. Ecojet had also planned to deploy flying taxis from ARC Aerosystems and larger ATR 72 aircraft. Vince retains control of Ecotricity and Skydiamond, and continues to support Forest Green Rovers.