UK-based Monarch Group, which includes leisure carrier Monarch Airlines, expects to report a strong turnaround when it announces full-year results in early 2016. In a trading update Dec. 9, the group—which includes an in-house tour operator and an engineering division that also handles third-party work—said it anticipates underlying earnings to exceed £40 million ($60 million) before interest and tax, which would represent a £130 million turnaround compared to a ...

Subscribe to Access this Entire Article

"Monarch Group anticipates full-year profits " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.