Luton based airline Monarch has ceased trading

Luton based airline Monarch has ceased trading

Luton based airline Monarch has ceased trading

A notice on Monarch's website says the situation is "unprecedented" and alternative flights will be at no extra cost to passengers who are already overseas.

According to British Flight Authority CAA, approximately 110,000 passengers from Monarch are located overseas.

More than 30 aircraft have been chartered to bring customers back to the United Kingdom over the next fortnight.

If you've been affected by the flight cancellations you can share your story with us by filling in the form below, anonymously if you wish. We've already spoken to other airlines and tour operators and they've already started an operation to get people re-booked. However, 300,000 future bookings had been cancelled.

Monarch, whose headquarters are at London Luton airport, was founded in 1968.

Customers hoping to find advice on Monarch's Twitter feed were greeted with a message simply stating that "there will be no more Monarch flights" and that the airline's Twitter account would no longer be monitored.

Due to the unprecedented number of United Kingdom consumers now overseas who are affected by this airline administration, the CAA and Government are securing a fleet of more than 30 aircraft, flying to more than 30 airports, to bring 110,000 people back to the United Kingdom at no cost to them.

Of the redundancies, 1,760 were employees of Monarch Airlines, while 98 were employed by Monarch Travel Group.

For more information visit monarch.caa.co.uk or call the helpline on 0300 303 2800.

KPMG blamed the collapse on "depressed prices" coupled with a weak pound and increased fuel costs while Monarch chief executive Andrew Swaffield said terrorism in Egypt and Tunisia was the "root cause" of its demise.

Customers who have booked flights only with Monarch Airlines from December 15 onward are not ATOL protect and will not be eligible for compensation from the CAA.

The British Government, with return action, chose a different way than German one in a similar situation.

The government's "extraordinary operation" to bring customers home - to include chartering more than 30 aircraft - was Britain's " biggest ever peacetime repatriation", Transport Secretary Chris Grayling said, according to PA.

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