Monarch Airlines set to relaunch years after collapse
Monarch Airlines has announced it is set to relaunch the company some six years after it collapsed.
According to The Times, the airline is in talks with another British company to acquire 15 A320 short-haul aircraft.
When the Monarch Travel Group failed it owed £466 million and more than 750,000 Britons had their flights cancelled.
Embassy officials were sent to 30 airports to co-ordinate the huge repatriation effort, which was run by the Civil Aviation Authority in the UK.
A spokesperson for Monarch told GBC on Tuesday that, although it is too early to confirm, strong consideration is being given to Gibraltar as a destination.
Daniel Ellingham, 64, has been appointed chairman of the company and told Airways, an American trade publication, that he will be leading the Monarch brand into a new era.
He added that the company will launch for the UK tourism sector and they had received initial investments from firms in Britain and the EU.
The airline is expected to contact the aviation authority within the next month to begin the process of applying for an air operator’s certificate.
This process can take up to 18 months.