Alitalia today confirmed that it has received seven offers for part or all of the company. The airline entered formal bankruptcy proceedings in May, with the deadline for formal offers to purchase passing on Monday evening.
On Oct. 2, 2017, Monarch Airlines, a British charter airline, closed its doors permanently after nearly 50 years of service. The demise is one of the largest in the United Kingdom and left 110,000 people
With the shutdown of Monarch Airlines on Monday, many other European airlines have seen direct effects already taking place. While it is never good to see an airline shutdown, benefits can be seen for other
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