Sadly, yes, it will be; it's wholly owned by Futura.
It's sad to see Futura (or, of course, any other airline) go; it's been a presence on the Irish charter scene for nearly 20 years (indeed, EI was a founding shareholder, back in 1989, with 20% but subsequently sold its holding). It's been a regular operator on the Irish market - DUB, ORK and SNN - since then.
Commiserations to the airline's employees at what must be a very distressing time.
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