Monarch Airlines rebuts suggestions of financial problems
Monarch Airlines has denied speculation that it is in financial difficulties. The airline said it anticipated announcing a “significant investment” from its main shareholders “in the coming days.” Over the weekend of Sept 24-25, the carrier received a flurry of questions on its Twitter feed as to whether it was on the verge of going out of business. The company said it had no idea how the rumours started. There have been suggestions in the UK media that the speculation was sparked by internet users using flight schedule websites allegedly having spotted a series of one-way flights from Mediterranean leisure destinations to the UK that mirrored Monarch’s schedules. This led to suggestions that they were repatriation flights. The rumours reached such a pitch that Monarch issued a formal statement Sept 26 rebutting them. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-09-27/unaligned/monarch-airlines-rebuts-suggestions-of-financial-problems
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Monarch Airlines rebuts suggestions of financial problems
Monarch Airlines has denied speculation that it is in financial difficulties. The airline said it anticipated announcing a “significant investment” from its main shareholders “in the coming days.” Over the weekend of Sept 24-25, the carrier received a flurry of questions on its Twitter feed as to whether it was on the verge of going out of business. The company said it had no idea how the rumours started. There have been suggestions in the UK media that the speculation was sparked by internet users using flight schedule websites allegedly having spotted a series of one-way flights from Mediterranean leisure destinations to the UK that mirrored Monarch’s schedules. This led to suggestions that they were repatriation flights. The rumours reached such a pitch that Monarch issued a formal statement Sept 26 rebutting them. <br/>
