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On Monarch’s return to profitability

wazoku Blog

It has been recently reported on the Daily Telegraph that European airline Monarch was now returning to profitability after a company-wide restructuring. The company, which had been struggling and nearly had to close down due to losses mounting up to £110.6m in 2014, “put in place a restructuring of the business which saw 700 jobs lost and pay-cuts of 30pc for …