AlbaStar, a Spanish airline based in Mallorca, has suspended all flights and operations after 17 years of service. The airline cited financial difficulties, including high debt from the pandemic and rising fuel costs, as the reason for the decision.

AlbaStar halted operations on 10 November 2026 and will seek creditor protection while continuing talks with potential investors. The company has not confirmed the number of affected passengers or flights.

AlbaStar’s fleet includes five Boeing 737-800 aircraft and it operated from bases in Palma de Mallorca, Madrid, Milan Malpensa, and Bergamo. The airline previously operated flights from UK airports, including Teesside International and Newcastle International.

In addition to AlbaStar, other airlines such as Slovakian AirExplore and UK-based Global Airlines have also ceased operations or been ordered into liquidation in 2026. These developments highlight ongoing challenges within the aviation industry, particularly for smaller airlines facing financial pressures from rising operational costs and geopolitical tensions.