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You can find the current article at its original source at https://www.theguardian.com/business/2017/oct/01/qa-what-happens-if-monarchs-talks-with-regulator-collapse
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| Monarch flights grounded for good – what happens next? | |
| (35 minutes later) | |
| What happens with Monarch Airlines now? | 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. | 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. |
| What if I have booked a package holiday with Monarch? | What if I have booked a package holiday with Monarch? |
| If you bought a package holiday through Monarch while the licence was still in effect – up until midnight on Sunday/Monday – you will be Atol-protected. That means if you are abroad, you will be put on an alternative flight home with another carrier. If you are in the UK, you will be entitled to a refund. | If you bought a package holiday through Monarch while the licence was still in effect – up until midnight on Sunday/Monday – you will be Atol-protected. That means if you are abroad, you will be put on an alternative flight home with another carrier. If you are in the UK, you will be entitled to a refund. |
| What if I have booked a flight only with Monarch? | What if I have booked a flight only with Monarch? |
| If you have booked a flight only with Monarch, it is unlikely you will be Atol-protected. However, if you paid with a credit card and the cost was more than £100, the credit card company is liable and you can claim the money back. | If you have booked a flight only with Monarch, it is unlikely you will be Atol-protected. However, if you paid with a credit card and the cost was more than £100, the credit card company is liable and you can claim the money back. |
| How will I get home if I have a flight only with Monarch? | How will I get home if I have a flight only with Monarch? |
| It is possible that other airlines will step in and offer flights at discounted prices to Monarch’s flight only customers already abroad. Some travel insurance companies will cover the extra cost, depending on whether your policy offers cover for the collapse of an airline. | It is possible that other airlines will step in and offer flights at discounted prices to Monarch’s flight only customers already abroad. Some travel insurance companies will cover the extra cost, depending on whether your policy offers cover for the collapse of an airline. |
| What would happen to the rest of Monarch’s business? | What would happen to the rest of Monarch’s business? |
| Monarch also has an airline and an engineering business. In theory, the other parts of the group could continue to operate. It would be up to the company’s board to decide whether or not this would be viable, or whether a buyer could be found for all or parts of the business. | Monarch also has an airline and an engineering business. In theory, the other parts of the group could continue to operate. It would be up to the company’s board to decide whether or not this would be viable, or whether a buyer could be found for all or parts of the business. |