Monarch Airlines Gets a New Lease on Life

Monarch Airlines looks set for a remarkable revival. Having collapsed in October 2017, leaving tens of thousands of holidaymakers stranded across Europe and beyond, the airline’s new management will be hoping to succeed where their predecessors failed.

Documents filed with Companies House in London evidenced that the dormant company, Monarch Airlines Limited, was now under new ownership, had appointed new directors, and had changed its registered company office from an inconspicuous office building in Coventry to an address adjacent to London Luton Airport, where the airline was first founded in 1967.

While the news that the company is under new ownership plus some initial publicity does not necessarily equate to aircraft emblazoned with the Monarch livery becoming airborne in the immediate future, there is undoubtedly something going on at the airline once known for its ‘Crown Service’ and its easily identifiable yellow and purple planes.

It is understood that the new airline has secured initial investment from a range of European Union and UK-based sources to fund its revival. Additionally, the team behind the venture has reportedly already held initial discussions with a UK-based lessor for up to 15 Airbus A320 family aircraft.