Monarch Airlines
About
Monarch Airlines was a UK low cost carrier based at London Luton Airport. The carrier provided a route network of scheduled services focused on leisure destinations in Europe and the Mediterranean. Monarch's former business model centred on providing mostly charter services, but following its acquisition by private equity firm, Greybull Capital from the Mantegazza family in Oct-2014, the carrier transitioned to an all-scheduled model. The airline, and travel arm Monarch Travel Group, ceased trading citing competitive market conditions and increasing costs. Its AOC was suspended by the UK Civil Aviation Administrations on 01-Oct-2017, with flights effectively suspended from 02-Oct-2017.
Monarch Airlines transitioned to new ownership on 20-Aug-2023 and confirmed plans to relaunch operations. On 31-Aug-2023, the carrier announced it was "forced to put the brakes on" and suspended plans to relaunch the airline. In 2024, the airline announced plans to recommence operations in 2025.
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