Articles tagged “Monarch Airlines”

Collapse of Monarch Air Costs Baby Boomer Specialist Saga $2.7 Million

Collapse of Monarch Air Costs Baby Boomer Specialist Saga $2.7 Million

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.

2 years ago

Qatar Airways is a Big Short-Term Winner from Monarch’s Air’s Failure

Qatar Airways is a Big Short-Term Winner from Monarch’s Air’s Failure

Christopher Jasper, Bloomberg

This airlift is an impressive feat by the UK government. Kudos to the regulators for making sure everyone gets home.

2 years ago

UK Planes Ready to Fly Stranded Passengers if Monarch Airlines Goes Bust

UK Planes Ready to Fly Stranded Passengers if Monarch Airlines Goes Bust

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.

2 years ago

UK Airline Monarch Air Says Business Is Improving After Brexit-Related Lull

UK Airline Monarch Air Says Business Is Improving After Brexit-Related Lull

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.

3 years ago