Monarch Airlines confirms cash infusion from owners

Credit: Rob Finlayson
UK low-cost carrier Monarch Airlines announced Oct. 12 it has received a £165 million ($203 million) injection from majority shareholder, Greybull Capital, on the deadline set by UK regulator Civil Aviation Authority to have fresh funding in place. On Sept. 30, Monarch received a 12-day extension of...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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