Monarch Airlines: Thousands of staff made REDUNDANT after airline declares bankruptcy Latest News

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Monarch Airlines: Thousands of staff made REDUNDANT after airline declares bankruptcy Latest News

THOUSANDS of staff from Monarch Airlines have been made redundant following the company declaring bankruptcy.


Monarch AirlinesGETTY


BUST: Thousands of Monarch employees have been made redundant after they declared bankruptcy

Nearly 2,000 staff from the UK airline will be losing their jobs after the company went into administration in the early hours of Monday morning.

Administrators KPMG said 1,858 of around 2,100 people employed across the airline and tour group had now been made redundant.

And now the joint administrators of Monarch Airlines and Limited and Monarch Travel Group have confirmed thousands have been made redundant.

About 110,000 Brit holidaymakers are stranded abroad after UK’s fifth-largest airline went bust.

A total of 300,000 future bookings were cancelled as a result of the firm’s collapse.

Chris Grayling, the Transport Secretary, described it as “the country’s biggest ever peacetime repatriation”.


Monarch AirlinesGETTY


MONARCH: The UK airline has left about 110,000 Brit holidaymakers stranded


“This is a hugely distressing situation for British holidaymakers abroad”


Chris Grayling

He said: “This is a hugely distressing situation for British holidaymakers abroad and my first priority is to help get them back to the UK.

“This is why I have immediately ordered the country’s biggest ever peacetime repatriation to fly about 110,000 passengers who could otherwise have been left stranded.

“This is an unprecedented response to an unprecedented situation.”

Flyers who are yet to travel have been advised not to travel to airports and to check Monarch’s website for further information.

They have been told they may be able to claim a refund through their credit and debit card provider.

Monarch, whose headquarters are at London Luton Airport, was founded in 1967.


Monarch Airline at the airportGETTY


AIRLINE: A total of 300,000 future bookings were cancelled

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Monarch Airlines: Thousands of staff made REDUNDANT after airline declares bankruptcy Latest News

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