Monarch announced that it will order for 30 latest Boeing 737 jets. As they have renewed their license at Atol. In the history of Monarch, this was this largest budget. Andrew Swaffield, chief executive of the Monarch Group said that it is a testament to the extensive effort by all parties.
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British holidays and airline company Monarch has been acquired by investment firm Greybull Capital which will pump 125 million pounds ($201 million) into the company as it turns itself into a budget airline.
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