News

More scheduled expansion for Monarch

3 Nov 2011 by BusinessTraveller

Luton-based Monarch Airlines continues to develop its scheduled operations.

From summer 2012 it will launch 14 new routes from London Gatwick, Luton, Birmingham and Manchester covering a mixture of business and leisure destinations.

The expansion comes after Monarch posted a £45 million loss owing to “turbulent market conditions and high oil prices.”  As a result, the carrier’s owners (the Swiss-Italian Mantegazza family) have made a £75 million cash injection to enable Monarch to restructure itself and lessen its dependence on charter flight operation.

The new routes are:

  • Manchester to Dubrovnik, Milan, Venice and Verona.
  • Birmingham to Dubrovnik, Heraklion, Milan, Rome and Venice.
  • Gatwick to Dubrovnik, Heraklion, Milan and Venice
  • Luton to Rome

Tickets go on sale tomorrow (November 4).

For more information visit monarch.co.uk.

Report by Alex McWhirter

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