Air Europe (AEL) — 0 Aircraft Fleet/ PE

Air Europe was a British airline founded in 1978 that operated as a major European carrier until its collapse in 1991. Headquartered in London, the airline initially operated as a low-cost carrier within Europe before expanding into a full-service airline offering scheduled passenger services across a network spanning Western and Eastern Europe, as well as North Africa and the Middle East. Air Europe was notable for its aggressive expansion strategy and competitive pricing during the 1980s, but the airline encountered severe financial difficulties amid the economic downturn and increased competition following the 1990 Gulf War. The carrier ceased all operations in March 1991, making it one of the more significant airline failures of that era in European aviation history.