Joe Easton, Bloomberg
Saga’s woes seem to be a direct result of Monarch’s collapse rather than a Brexit wobble. Having reaped plenty of financial rewards over the years, it seems baby boomers are still looking to splash their cash on vacations.
1 year ago
Christopher Jasper, Bloomberg
This airlift is an impressive feat by the UK government. Kudos to the regulators for making sure everyone gets home.
1 year ago
Sofia Horta e Costa, Bloomberg
Kudos to UK regulators for having a plan to assist stranded passengers if Monarch Airlines goes bust. That wouldn't happen in many other countries.
1 year ago
Christopher Jasper, Bloomberg
Post-Brexit, Britons likely were avoiding booking travel for a couple of reasons. One is the devaluation of the pound, which hasn't improved much. But the other was fear of the unknown. Now that the fear has subsided, they're traveling more, and budget airlines like Monarch are the beneficiaries.
2 years ago