Monarch Airlines Ceases Trading

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Monarch Airlines A320
UK air carrier Monarch Airlines has ceased trading and ithe Civil Aviation Authority says its 300,000 future bookings for flights and holidays have been cancelled.
An announcement made on its website at 0400 UK local time on Monday October 2 read:
“Monarch has confirmed that the following companies have ceased trading and now entered administration:
• Monarch Airlines Ltd
• Monarch Holidays Ltd (ATOL Number 2275)
• First Aviation Ltd (ATOL Number 4888) previously trading as Monarch Airlines
• Avro Ltd (ATOL Number 1939)
• Somewhere2stay Ltd

“As a result, we are sorry to inform you that, as of 2 October 2017, all future holidays and flights provided by these companies have been cancelled and are no longer operating.
“This is an unprecedented situation and because there are up to 110,000 passengers abroad, the UK Government has asked the CAA to coordinate flights back to the UK for all Monarch customers currently overseas. These new flights will be at no extra cost to you.”

Passengers that were booked to fly out of the UK have been advised no to travel to their respective airports as their flights will not be operating. The UK CAA has arranged a fleet of more than 30 airliners to bring home about 110,000 customers who are already overseas. The CAA has described it as the UK’s “biggest ever peacetime repatriation” and said up to 410,000 people could be affected.
Monarch was the UK’s fifth biggest airline. The joint administrators of Monarch Airlines Limited and Monarch Travel Group have confirmed that regrettably, 1,858 employees have been made redundant. Of these, 1,760 were employees of Monarch Airlines, while 98 were employed by Monarch Travel Group.
Between them the companies employed approximately 2100 people. The remainder have been retained by the joint administrators to assist them in the administration process and importantly, to help collate critical information to assist the Civil Aviation Authority with the repatriation of customers who are currently overseas.

Monarch Aircraft Engineering – a standalone business – continues to operate.

This entry was posted in Air Traffic Control, Airline Focus, Airports, Baggage Handling, Contracts, Customer Service, Ground Handling, Legislation, MRO, News, Operations, Passenger Terminal.

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