Tag: Airport Co-ordination Limited

Monarch Loses Battle to Retain Valuable Slots

Reading Time: < 1 minute Having ceased trading last month, Monarch Airlines (MAL) is in the process of ‘losing’ its most valuable asset, runway slots, which its administrators had hoped to exchange with other carriers in a bid to raise cash for its creditors. The problem lies in the fact that Monarch does not own the take-off and landing slots, […]