Monarch Airlines: Insolvency

(asked on 24th October 2017) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government whether they asked Greybull Capital to make any contribution towards the cost of repatriating to the UK passengers of Monarch Airlines, or sought to establish a claim on any asset surplus remaining in Monarch.


Answered by
Baroness Sugg Portrait
Baroness Sugg
This question was answered on 2nd November 2017

Our initial aim was to repatriate passengers back to the UK safely. Now that this has been achieved, we are focused on making sure that there is clear burden sharing, and that it is not only the government who pays.

There is no formal legal mechanism we can use to oblige Greybull to contribute towards the cost of repatriating passengers. However, we have entered into discussions with several third parties with the aim of recovering the costs of the repatriation operation and will in due course be able to report back with more detail.

Reticulating Splines