Monarch Airlines was a UK low-cost carrier based at London Luton Airport. The carrier provided a route network of scheduled services focussed 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 operated a fleet primarily of Airbus A320-family aircraft.
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