Airlines Airport News

In boost to creditors, failed airline Monarch wins appeal over UK airport slots

LONDON (Reuters) – Collapsed airline Monarch [MONA.UL] has won an appeal against a court decision that had stripped it of rights over valuable airport slots, in a boost to administrators who are hoping to recover money for creditors. Administrators at KPMG hope to raise capital by transferring the slots at London’s Gatwick and Luton airports […]