Monarch rolls down shutters

October 3, 2017 by  
Filed under Aviation, EUROPE, News

LONDON, 3 October 2017: Monarch Airlines ceased trading, Monday, triggering a move by the British government to bring home 110,000 customers stranded abroad.

The British airline and its holidays business entered administration, with KPMG appointed to oversee the financial chaos.

The UK’s Civil Aviation Authority described the situation as “the biggest ever UK airline failure,” adding that “all future holidays and flights provided by these companies have been cancelled and are no longer operating”. Read more