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[ News ]April 22, 2020 7:28 pm ET
By Pablo Diaz

Air Mauritius Files for Voluntary Administration to Avoid Bankruptcy

The board of directors of Air Mauritius Limited met this Wednesday to disclose the state of the company's finances due to the COVID-19 pandemic. Then, it was reported that the operational disruptions related to the coronavirus make it impossible for the airline to meet its financial obligations "in the foreseeable…

[ News ]October 2, 2017 7:17 am ET
By Mateen Kontoravdis

Monarch Airlines Ceases Operations, Begins Administration Process

Monarch Airlines has confirmed that it is ceasing operations and going into administration immediately, leaving 110,000 customers overseas causing the cancellation of over 300,000 future bookings. "This is the update I hoped I would never have to write. Despite our best efforts, today Monarch Airlines Limited and Monarch Travel Group…