UK-based maintenance provider Monarch Aircraft Engineering (MAEL) said it has secured "significant" funding from its owner, Greybull Capital, after earlier reports its future might be under threat. MAEL CEO Chris Dare said, “We have made significant steps forward this week in our journey from being a division of Monarch Group to a successful, standalone entity.” This progress includes a funding commitment from Greybull Capital and a confirmation that MAEL’s ...

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