Monarch saved from brink after CAA grants deadline extension to prove it is financially stable - The Independent

After the mass cancellation of flights by Ryanair, Monarch's annual bout of brinksmanship is unlikely to boost confidence among UK airline passengers. Once again, the Civil Aviation Authority (CAA) has given the budget airline an extended deadline to ...

Monarch package holidays protection extended for 24 hours - BBC News

Monarch Airlines has been granted a 24-hour extension on its licence to sell package holidays. The agreement with the Civil Aviation Authority means customers can buy Atol-protected holidays on Sunday. It is Monarch's second temporary licence in two ...

and Matt Oliver For The Daily Mail - Daily Mail

The future of Monarch airlines was hanging in the balance last night as it held last-ditch talks over its finances. Monarch, which has been in turmoil for more than a year, is fighting to retain its air travel operator's licence. Regulator the Civil ...