Citywing had taken more than £1 million in advance tickets sales before it folded.
Figures show it owes passengers £1,136,386.67 - something which was revealed at a meeting of creditors last week.
A breakdown of the company's accounts shows it owed a number of airports money including £38,000 to Ronaldsway, £11,000 to Gloucester, £13,000 to Cardiff and £15,000 to Blackpool.
Among its outstanding debts to businesses are £61,000 to Rendezvous Handling Services and £104,000 to the Fuel Trading co.
Speaking after the airline collapsed the Chief Minister Howard Quayle said he believed government had done all it could to help:
New shopfront for Costa?
Could WHSmith on Strand Street be sold off?
Manx film company cleared of charges by US Securities and Exchange Commission
Event for youth employment has been rescheduled
Gas companies who breach regulations could be fined £20k a day
How is the government helping businesses pay living wages?
FSA suspends license of Douglas-based Douglas-based fintech
Island egaming company says it will accept Trump cryptocurrency as payment
