Monarch Airlines forecasts double-digit profit for 2014-2015

Credit: Courtesy, Monarch Airlines
UK leisure carrier Monarch Airlines is forecasting a double-digit net profit for 2014-2015 following a rapid turnaround under new 90%-owner Greybull Capital. The restructuring, which includes a £125 million ($141 million) capital injection, will see Monarch ditch long-haul flying and charters, cut...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.