This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Digital Subscriptions > Airliner World > January 2018 > Monarch Wins Slot Battle

Monarch Wins Slot Battle

ADMINISTRATOR KPMG has won an appeal to retain lucrative airport slots held by the recently failed Monarch Airlines. The firm had previously said it was “hopeful” some of the take-off and landing slots at London/Gatwick, Luton, Manchester and Birmingham, worth an estimated £60m and described by KPMG’s lawyers as the airline’s “last valuable asset”, could be sold to pay company creditors. Monarch, the UK’s fifth-biggest carrier, ceased operations in early October (see Airliner World, December 2017) after running into financial difficulties, leaving thousands of passengers stranded overseas. The successful appeal comes just two weeks after London’s High Court ruled that as Monarch is not flying and is unlikely to do so in the future, Airport Coordination Limited (ACL) – the independent body responsible for slot allocation – had no duty to assign them slots for the summer 2018 season. This was subsequently overturned on November 22 by the Court of Appeal, which found that Monarch was still an air carrier when slots were to be allocated in late October, and in fact remains one despite having since had its AOC revoked by the CAA. Judge Guy Newey remarked: “It may be a failed air transport undertaking but that need not stop it being an air transport undertaking.”

READ MORE
Purchase options below
Find the complete article and many more in this issue of Airliner World - January 2018
If you own the issue, Login to read the full article now.
Single Issue - January 2018
$5.49
Or 549 points
Annual Digital Subscription
Only $ 4.17 per issue
SAVE
24%
$49.99
Or 4999 points
Monthly Digital Subscription
Only $ 3.99 per issue
SAVE
27%
$3.99
Or 399 points
6 Month Digital Subscription
Only $ 4.66 per issue
SAVE
15%
$27.99
Or 2799 points

View Issues

About Airliner World

In the January issue of Airliner World, we bid farewell to KLM’s Fokkers, ending a 97-year association between the Dutch flag carrier and the manufacturer, we examine how a partial privatisation could offer Pakistan International Airlines renewed hope for its future, and we go behind the scenes with launch customer Qatar Airways as it prepares to take delivery of its first Airbus A350-1000. Elsewhere in this edition, we find out Hebridean Air Services has forged a unique and highly valued link with the remote island communities it serves, we find out how Leipzig/Halle has transformed from sleepy backwater to major European cargo hub, and we hear how AeroLink Uganda is playing a quirky but important role in connecting its home market. We also shine the spotlight on Singapore Airlines’ new A380 cabin, and we bring you a selection of photos from NBAA 2017 and from Orly, Paris’ second airport. Lastly, we bring you our comprehensive coverage of worldwide news, including a full round-up from the Dubai Airshow, plus Embraer eyes an April debut for the E-Jet E2, ATR wins a major order from FedEx, Emirates takes delivery of its 100th Airbus A380, and Boeing delivers the first 737 MAX to China. We also have all our regular sections covering the latest commercial aircraft acquisitions, up-to-date accident reports and developments from the world of aviation training and MROs.

Other Articles in this Issue