Luton, U.K.-based Monarch Aircraft Engineering Collapses
Monarch Aircraft Engineering Limited (MAEL), following in the footsteps of fellow Greybull-owned enterprise, Monarch Airlines, has gone into administration. According to the liquidators KPMG, MAEL is “unsustainable in its present form,” and who also confirmed that attempts to restructure the firm had failed. Monarch Airlines collapsed in 2017 with the loss of 1,800 jobs, leading […]
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