CAA grants Monarch ATOL extension
The Civil Aviation Authority has thrown Monarch a three-week lifeline after it failed to complete the sale of the business in time to renew its ATOL licence on October 1.
The CAA has agreed to extend Monarch’s existing licence until October 24, by which time the group hopes to have completed a deal with investment firm Greybull Capital.
Monarch and Cosmos are licensed to carry just over 350,000 passengers while its seat-only operator Avro has a licence for just over 570,000.
In a statement, Monarch said: "At our request the CAA are today extending our current licence until 24 October, which is when we aim to complete the sale of the group to Greybull Capital LLC. Between now and completion we will work with the CAA to renew for twelve months"
A CAA spokesperson added: "As publicly announced, the Monarch Travel Group is currently undergoing a financial restructure involving a new investor. This process is due to be completed on 24 October, so at the group’s request, their current ATOL licences have been extended until that point."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt