UK leisure carrier Monarch Airlines has launched a strategic review of its business, as it continues to change its operating model. Monarch, which began as a charter operator in the late 1960s, began some years ago to move toward becoming a scheduled low-cost carrier (LCC). In a statement, the London Luton-based airline said the review was being led by new non-executive chairman Roy McNulty and CEO Andrew Swaffield. “The review covers all areas of the business from operations to ...

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