Monarch faces midnight deadline to secure new investment
Monarch faces a race against the clock to secure fresh investment as the travel firm's operating licence is due to expire at midnight.
Last month the Civil Aviation Authority (CAA) granted a 12-day extension on the firm's Atol licence until 11.59pm on Wednesday.
That announcement was made just hours before the licence was previously due to expire.
Monarch responded by saying it had received "significant further investment" from shareholders and was "close to announcing the largest investment in its 48-year history" but no more updates have been issued.
Days earlier the... read more
- 00:47 Action group hope for more changes to homes plan
- 00:46 Dementia prevention: Ward off memory loss symptoms by doing THIS...
- 00:41 YP Letters: Leave voters will not forgive Tory backsliding over Brexit
- 00:41 YP Letters: Public would soon tire of Corbyn as PM
- 00:41 YP Letters: Grand ambitions for devolution come at price
- 00:41 What channel is Joe Joyce vs Ian Lewison fight on? Everything you...
- 00:39 Arsenal playmaker Jack Wilshere will get his chance in the Premier...
- 00:39 Arsenal forward Theo Walcott poses alongside Serbian riot police...
- 00:39 Coventry City winger Jodi Jones is tricky, confident and unfazed by...
- 00:37 Most complete tyrannosaur fossil ever found in southwestern US dug...
- 00:35 Conor McGregor's intentions for his next fight revealed
- 00:29 Marks & Spencer to offer mortgages from next year
- 00:21 Coronation Street spoilers: Nicola Rubinstein makes a shocking...
- 00:19 Childcare costs have risen almost five times faster than wages in...
- 00:19 The staggering amount police collect PER YEAR from speed driving...
- 00:19 M&S Bank to offer mortgages from NEXT YEAR - what you need to know
- 00:19 Why a new study will look into the Brummie dialect
- 00:17 How can you help your local online business go global?
- 00:17 How garden bird feeders gave Britain's great tits giant beaks
- 00:17 Everton skipper Ashley Williams sparks huge fight as Toffees lose...
- 00:17 Incredible drone footage shows five of the eight Mexican border...
- 00:17 Arsene Wenger promises Jack Wilshere Premier League game time for...
- 00:10 RZA claims Russell Crowe did spit at Azealia Banks at that infamous...
- 00:09 Lottery grant to fund study of England's many dialects
- 00:09 Mobile companies overcharging customers after contracts end
- 00:09 Bank of England under fire for lack of diversity
- 00:06 China prepares to enter a new stage of development
- 00:06 Britain’s ‘subversives’ were proved right by history
- 00:06 Tory divisions exposed
- 00:06 Mud state governors shun their swearing-in ceremony