Leisure carrier Monarch Airlines reported an 11.7% increase in gross turnover for the financial year ended Oct. 31, up to £763.2 million ($1.3 billion) from £683.5 million the previous year. Gross turnover for the Monarch Group as whole, which also includes the group’s Tour Operations and Monarch Aircraft Engineering, was up 15.5% to £1.24 billion from £1.1 billion the previous year. Monarch said all trading divisions were profitable for the year “on a ...

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