Monarch quashes negative rumours

A few tweets and the entire aviation industry has been expecting UK low-cost airline Monarch to collapse today. There has been speculation over the weekend that the airline would be grounded as United Airlines appeared to have been approved to fly routes currently serves by Monarch between Spain and Manchester in the UK. This morning however Monarch has issued a statement confirming that it was “trading well” despite the difficult period post-Brexit and with the heightened terrorist threat. Monarch Aircraft Monarch stated that all flights are “operating as normal, carrying Monarch passengers as scheduled” but it added that the airline