EasyJet has grounded its entire fleet of planes and said it cannot give a date for when they will restart.
The budget airline said it had made the move due to the "unprecedented travel restrictions" imposed by governments globally due to the virus pandemic.
It had already canceled most flights but had been running rescue flights to repatriate Britons stranded abroad.
The move came as regional airline Loganair said airlines were unlikely to survive without a government bailout.
The pandemic has had a severe impact on airlines, Loganair boss Jonathan Hinkles told the BBC's Tom Burridge.
He said that any airline saying it could survive without government help "would probably be lying".
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