Monarch Airlines, which has nearly 3,000 staff and which operates out of Gatwick, Luton, Birmingham and Manchester airports, said that it was business as usual Getty ImagesA major airline needs urgently to renew its operating licence to avoid closing this week and causing chaos for hundreds of thousands of holidaymakers. Monarch Airlines, which carries six million passengers a year, was trying to raise funds yesterday after concerns from the industry regulator. Its licence runs out on Friday. The Civil Aviation Authority is rumoured to have chartered jets in an emergency contingency operation to fly stranded passengers home. There are likely to be lengthy delays and cancellations if the emergency plans are put in place, and many holidaymakers will be unable to book alternative flights for next…

Source: The Times September 26, 2016 15:56 UTC