Yvo and utiketThailand

European airlines face more cuts and consolidation

8 Oct 2017 23:36:23

ft.com

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https://www.ft.com/content/b2b79a6e-a9f9-11e7-93c5-648314d2c72c


More than 750,000 people woke up last Monday to discover what every holiday-maker dreads — their flights had been cancelled after the airline they were using had collapsed.


Monarch, the UK’s fifth-biggest airline, had entered administration in the early hours of the morning after the group failed to find a last-minute buyer for the business.


On the same day, the UK government kicked off Britain’s “biggest ever peacetime repatriation” as it began flying home the first of 110,000 holidaymakers stranded overseas, an operation expected to take two weeks.


Read full story: ft.com

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