Monarch Airlines cuts losses in first half-year under new ownership

Credit: Courtesy, Monarch Airlines
UK leisure carrier Monarch Airlines reported a loss of £69.9 million ($107.3 million) for the six months ended April 30, improved from a loss of £110.6 million for the same period last year. The airline said its turnaround was “firmly on track ,” with winter losses for the November to April period...

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