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Monarch Airlines goes into Administration


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... and your reason for just copying some news (days after the nationals) is?

 

I assume that mecheng46 wants to inform people of the events that took place today at 0400 today rather than days old speculation of what might happen.

It also tells people what to do -the newspapers don't.

 

The BBC link also has links to the CAA/Monarch information.

 

"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."

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They looked like going under last year but were saved at the last minute. What I can't understand is why are the CAA chartering aircraft, surely it would be cheaper for the CAA to use the Monarch planes and pay the staff rather than charter aircraft.

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