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Monarch Airlines' future uncertain as 'plans drawn up to rescue 100,000 passengers'

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  • Monarch Airlines' future uncertain as 'plans drawn up to rescue 100,000 passengers'

    Monarch, the UK’s fifth largest airline, was today granted a one day extension to its licence after emergency talks with regulators.

    Monarch’s ATOL licence is due to expire, but its bosses were trying to convince the Civil Aviation Authority (CAA) to grant it a renewal.

    With the airline’s future in doubt, the CAA said it would provide a “daily update” on the status of its ability to operate its package holiday arm.

    This temporary arrangement comes amid concerns that the airline’s losses were spiralling out of control.

    Monarch, the UK’s fifth largest airline, was today granted a one day extension to its licence after emergency talks with regulators.


    See also the FR24 tweet/s
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    Last edited by fungus; 2017-10-01, 21:58.
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