
Business Oct 3, 2017
Flying since 1968, U.K.'s Monarch Airlines goes bust, marooning over 100,000 tourists
Britain's Monarch Airlines collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound. The failure of Monarch, the largest British airline to go bust, will affect nearly 900,000 passengers in total. ...