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 Under executive chairman Iain Rawlinson, sales in 2011 were £758m.

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Company details
CompanyMonarch Holdings
ActivityAirline and tour operator
LocationLuton Airport
Sales £m*758
Profit £m*-5
Year endOct 11
Principal shareholdersAmerald Investments (88%), Atlantic Financial Services (7%), Abaco Holdings (4%)

If applicable:

* Supplied by company † Annualised figure