Maeve Aerospace B.V., the Dutch developer of the Maeve Jet hybrid-electric regional aircraft, has entered bankruptcy proceedings in the Netherlands, with the case registered in the Dutch insolvency register on 28 May 2026. The filing also covers parent company Green Transition Alliance, effectively freezing development of the Maeve Jet concept.
The court in Den Haag, department ’s‑Gravenhage, declared Maeve Aerospace B.V. bankrupt under insolvency number F.09/26/194 and appointed mr K.S.L. van Vliet as curator. The company’s main registered activity is the manufacture of other transport equipment, reflecting its role as an aircraft developer.
Maeve Aerospace, founded in 2021 and based in Delft with a German subsidiary at Oberpfaffenhofen Airport near Munich, had been working on a next‑generation hybrid‑electric regional aircraft featuring twin rear‑mounted open‑rotor engines. The company had been seeking around €20 million to fund the next phase of the program. The formal reason for the bankruptcy has not been disclosed, and the future of the Maeve Jet assets and intellectual property remains unclear.