Thousands in United Kingdom left stranded after #Monarch airlines cancels flights

Regulator the Civil Aviation Authority can deny an airline permission to do business if it believes it does not have enough cash to keep going

Monarch airline awaits package holiday licence decision

The Civil Aviation Authority (CAA) has said it will bring home more than 100,000 passengers now overseas after Monarch Airlines became the UK's largest ever airline to enter administration.

Government is working with the Civil Aviation Authority (CAA) to create a temporary airline, chartering civilian aircraft from around the world to bring holidaymakers and business people back to the United Kingdom after the shock news this morning.

For passengers coming back to the United Kingdom, we will be working with the Department for Transport and Civil Aviation Authority to facilitate the smooth repatriation of passengers whose return flights have been affected. These new flights will be at no extra cost to you.

Gatwick Airport - one of the United Kingdom airports Monarch had flown out of - confirmed the news early this morning and issued advice to passengers.

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"Despite our best efforts, today Monarch Airlines Limited and Monarch Travel Group (Monarch Holidays) are ceasing operations and going into administration", said Monarch CEO Andrew Swaffield in a statement.

The airline said companies affected by its failure include Monarch Airlines Ltd., Monarch Holidays Ltd., First Aviation Ltd., Avro Ltd. and Somewhere2stay Ltd.

The British airline has been placed into administration, and is being called the country's biggest ever airline collapse, after emergency talks with the Civil Aviation Authority broke down.

Monarch Airlines has entered administration after suffering a reported £291m loss a year ago.

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The redundancies of more than 1,850 former Monarch employees have been confirmed by administrators of the collapsed airline.

The regulator said everyone due to fly in the next fortnight would be brought back to the United Kingdom at no cost to them and that there was no need for them to cut short their stay.

Majority shareholder Greybull Capital had pumped another £165 million ($220 million, 185 million euros) into Monarch to allow the airline to retain its licence to carry on selling package holidays.

"Given the unprecedented scale of this task some disruption is inevitable". Together with the CAA, we will work around the clock to ensure Monarch passengers get the support they need.

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Rival carriers are already stepping in to pick up ex-Monarch personnel, with EasyJet recruiting for 500 cabin crew at London Luton and London Gatwick, as well as aircraft captains.

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