Monarch flights grounded as airline appoints administrators
Troubled airline Monarch has slipped into administration, leaving flights axed, some 110,000 customers currently overseas and 2,100 jobs in the balance.
The future of the UK's fifth biggest airline has been was in the balance all last week after talks with the Civil Aviation Authority (CAA) over the airline's eligibility to sell package holidays came under question.
Monarch tweeted last at 4.20am this morning: "Monarch customers in the UK: don’t go to the airport. There will be no more Monarch flights. This page will no longer... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
