Monarch has announced the biggest investment in its 48 year history as it seeks to allay concerns over its financial viability. The carrier has received a £165 million investment from its majority shareholder, Greybull Capital. As a result of this investment Monarch has successfully renewed its ATOL licences from the CAA for the next 12 months and funded future growth plans.
NEWS Monarch wins 12 month reprieve with £165m cash boost

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