110,000 holidaymakers stranded as Monarch goes into administration
110,000 holidaymakers have been left stranded abroad following the news that Monarch Airlines has ceased trading and gone into administration. The announcement means that all Monarch flights have been cancelled with immediate effect. The UK Government has asked the Civil Aviation Authority to coordinate flights back to the UK for all Monarch customers currently overseas, and has agreed that passengers will not be charged for these repatriation flights. Established in 1968, Monarch has struggled to compete in the highly competitive short-haul travel market.