Tayside Aviation Flight School (TAFS) confirmed it would no longer be trading in a statement posted to its website on Thursday (20 April).
Geoff Jacobs and Blair Nimmo have been appointed as joint administrators of the school.
"The company has ceased trading with immediate effect. The joint administrators act without personal liability," the statement read.
In response, Balpa confirmed it had contacted members of TAFS to offer them bespoke support and advice.
Wendy Pursey, head of membership and career services at Balpa, said: "This is devastating news for those employed by, or training with Tayside Aviation Flight School.