UK Tour Operator and Airline Monarch Given a Lifeline by Regulators
Photo Credit: A Monarch aircraft taking off. The company has been granted a 12-day extension to its operating licences. Flickr / Andrew Thomas
Skift Take
Monarch’s history of financial struggles means that this isn’t likely to be the end of the saga. The company is talking about new investment but until this goes through, questions will continue to be asked about the company’s future.
UK travel company Monarch has been handed a financial lifeline after UK airline regulators agreed to extend its operating licences by an additional 12 days.
The firm now has until October 12 to convince the Civil Aviation Authority that
