Low Cost & Regional

Monarch Airlines: Could it be set to fly again?

photo_camera Will the Monarch name take to the sky again?

UK-based low cost carrier Monarch Airlines is set to take to the sky again, six years after collapsing into insolvency.

Filings at Companies House show that Daniel Ellington was appointed as Director and Karolina Cherney appointed secretary at on the 18th of August, with the registered address of the company being updated to a Regus serviced office in Luton at the same time.

The record also shows that Jake Charles Johnson ceased to be a director also on August 18. In addition a newco was established called Monarch Holidays Ltd,

A statement on X (previously Twitter) read: “Monarch Airlines Limited and Monarch Holidays Limited were yesterday passed into new ownership following the exit of the companies’ founder and previous majority shareholder. More information will be forthcoming”.

Monarch Airlines was originally established in 1967, originally as a charter and schedule airline. Latterly, it became a low-cost carrier, before running into financial difficulty and losing it’s ATOL licence, which left it’s planes grounded and a reported 110,000 travellers stranded.

The fleet, comprising of nine A320-200, 25 A321-200 and a solitary Boeing 737-800 were returned to lessors and all but one were put back into service with various airlines.

 

 

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