[1] Viking Airlines ceased operations on 18 October 2010 and was granted protection from creditors and placed in the hands of an administrator on 2 December 2010.

Viking also opened bases at Manchester and Bristol Airport where it launched new flights to holiday destinations in Greece, Bulgaria, Egypt, the Canary Islands, France and Italy.

[citation needed] On 16 July 2010, Goldtrail, the UK's leading tour operator for packaged holidays to Turkey and Greece collapsed leaving an estimated 16,000 customers stranded overseas.

[4] On 17 August 2010, the airline stated that, as a consequence of Flight Options'[5] going into administration, it was to cut three aircraft "immediately" from its fleet.

On 15 October 2010, Viking suspended operations for the winter season, returning all remaining aircraft to their lessors.

However, the airline has filed for bankruptcy protection, intending to recommence services on 31 March 2011,[7] Viking was formally declared bankrupt in February 2011 with the loss of its remaining 11 staff at its Spånga base.