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Monarch Airlines news

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Monarch Airlines: another airline bankruptcy with over €291 million in passenger compensations left unaccounted

In the last few months, European aviation industry has been shaken by collapsing and failing airlines. Falling like dominoes, struggling carriers cannot keep up with arch rivalry, thus more and more announce bankruptcy. The latest Monarch Airlines collapse has hit approx. 860 thousand passengers with additional 110 thousand left waiting to be brought back home. According to EU 261 law that should...