An Irish low-fares airline that only began services last week has ceased trading from noon today.
In a statement issued to the media, JetGreen Airways gave no reason for the decision, but said an extraordinary general meeting of shareholders would be held to consider winding up the company.
JetGreen said it would be unable to repatriate passengers from abroad and advised them to make their own way to Ireland and submit a compensation claim to the Commission for Aviation Regulation.
It also said passengers who had booked flights by credit card should contact their card insurer, while those who had booked and paid through a travel agent should contact that agent for advice.
JetGreen said it regretted the decision to cease operations and apologised to everyone inconvenienced by the matter.