Less than 18 months after taking control of UK carrier Monarch Airlines, its new owner is exploring strategic options for the London Luton Airport-based leisure operator. Greybull Capital has appointed a major bank to help it sift possible courses of action. It bought a controlling 90% stake in the airline’s parent company, Monarch Holdings, from the previous owners, the Swiss-Italian Mantegazza family, in fall 2014. The airline has recently been through a major restructuring ...

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