This company owns Monarch Airlines and operates a fleet of 32 aircraft from Birmingham, Gatwick, Luton, and Manchester airports, flying to more than 50 destinations throughout the world. It plans to begin flights from East Midlands airport this year, after the demise of BMI Baby. The company carries 6.5m passengers a year split between scheduled and charter flights. Monarch Holdings also owns the package holiday company Cosmos Holidays, the low-cost flight provider Avro and accommodation website Somewhere2Stay.com. Under executive chairman Iain Rawlinson, sales in 2011 were £758m.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.