Monarch Airlines' former customers, staff and business partners unlikely to recoup anything



Monarch Airlines’ former customers, staff and business partners, who were left £466m out of pocket by its collapse last month, are unlikely to recoup anything.
Administrators KPMG said the airline’s owner, private equity firm Greybull Capital, is first in line when about £60m is raised from the sale of Monarch’s valuable landing slots at airports. 
However, with £157m owed, Greybull is still expected to make a loss on its investment.
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26 November 2017 in Business, Views: 107
Source: Daily Mail
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