The British low-cost airline has been placed into administration after the failure of emergency talks with the Civil Aviation Authority

What happens with Monarch Airlines now?

Monarch has gone into administration after failing to gain a renewel of its Air Travel Organiser’s Licence (Atol) from the Civil Aviation Authority. This meant it was no longer be able to sell Atol-protected holidays from midnight on Monday morning and, accordingly, just after midnight it announced it had appointed KPMG as liquidators.

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