- AirExplore permanently ceased all flight operations on 10 November 2026.
- AirExplore submitted a formal request to surrender its Air Operator Certificate.
- AirExplore reported a net loss of approximately €22.4 million in 2025 on revenues of approximately €109 million.
- Slovak media reported plans to lay off 109 of roughly 160 employees.
- Avia Solutions Group acquired AirExplore in June 2023.
AirExplore has permanently ceased all flight operations on 10 November 2026 and has submitted a formal request to surrender its Air Operator Certificate. The Bratislava-based carrier ended a 16-year history. The shutdown followed severe financial distress from macroeconomic headwinds, high jet fuel costs and rising corporate debt.
AirExplore reported a widening net loss of approximately €22.4 million in 2025 on revenues of approximately €109 million. Slovak media reported plans to lay off 109 of roughly 160 employees just before the shutdown. The airline began operations in 2010 with a single Boeing 737-400.
AirExplore operated as a wet-lease backup provider and rented Boeing 737s to larger international airlines during peak travel seasons. Avia Solutions Group acquired AirExplore in June 2023. Spanish charter airline AlbaStar also halted operations on 10 November 2026 and stated the grounding is temporary while it looks for new investors.
