Question to the Department for Transport:
To ask Her Majesty's Government whether they have sought a contribution from Vantage Guernsey, an associate of Greybull Capital, towards the cost to the taxpayer of repatriating to the UK passengers of Monarch Airlines.
There is no formal legal mechanism we can use to oblige Greybull to contribute to the costs of repatriating passengers. However, Marc Meyohas, partner at Greybull has written to the Transport Select Committee acknowledging moral obligation (if they make a profit) to contribute to other stakeholders including helping to defray the costs incurred by the Government in repatriating Monarch customers.
We have entered into discussions with several third parties, including relevant card providers and travel providers through which passengers may have booked flights, with the aim of recovering the costs of the repatriation operation and will in due course be able to report back with more detail.
We are focused on making sure that there is clear burden sharing of the repatriation operation, and that it is not only the government who pays.