Monarch quashes negative rumours
By September 26, 2016 15:09

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 would be announcing a “significant investment from its stakeholders in the coming days”.

Monarch further commented that it expects to post £40 million in underlying earnings by the end of its financial year in October.

Investment firm Greybull Capital bought a 90% stake in Monarch in 2014.



Join us in Dubai next week for our inaugural Airline Economics Growth Frontiers conference at the Ritz Carlton, Dubai Beach.  

We are rapidly filling up the conference hall, aviation school (free to delegates) and hotel rooms. Please act now to secure your place. You can book online ( or call our offices directly to book in minutes on +44 (0)1782 619 888.

We will be hosting our third conference in Hong Kong ( on November 1-3, 2016, which has proven to be a must-attend event in the aviation industry, attracting airlines and business leaders from around the Asia-Pacific region and beyond making it a truly global event.

And believe it or not, hotel rooms for our Dublin event in January 2017 ( have been sold out at the Shelbourne Hotel for months. To ensure your place at the event, please confirm your booking today by contacting our offices.

Airline Economics Growth Frontiers Dubai, Hong Kong and Dublin aviation finance and leasing conferences are growing in breadth and scale but are keeping to the founding principles of providing high-quality content, open networking in superior and convenient global locations all for reduced costs compared to other events in this industry. An added benefit is that you can trust our advertised delegate and speaker numbers because we give you the delegate contact sheets and we house the airline staff who attend and speak at all of our events. Some 90% of all airlines during our conferences in Dubai, Hong Kong and Dublin are housed by Airline Economics to facilitate their participation. So please support us, support our sponsors and support the airlines and in the return save costs.

All delegates to Airline Economics Growth Frontier events receive access to:

1.    Airline Economics Growth Frontiers Conference
2.    Airline Treasury & Risk Management Forum (please register as numbers limited)
3.    School of Aviation Finance & leasing (please register as numbers limited)
4.    The main reception events
5.    The Gala Dinner(s) (confirmation required as numbers are limited)
6.    Networking drinks
7.    Full video files of events and event app access
8.    Full excel delegate contact lists

Book today at  or or please call +44 (0)1782 619 888 to book bespoke options for multiple conferences/delegates.


Aviation 100 Asia & Pacific 2016 Awards Survey:


Philip Tozer-Pennington
By September 26, 2016 15:09