Monarch remains tight-lipped
Monarch Group has refused to comment on reports it has secured a takeover deal.
A report in the The Sunday Times claims investment fund Greybull is the favourite to take over the airline group.
The report said the move would secure 3,000 jobs.
A spokeswoman for Monarch said the group was not commenting on speculation.
Further details are due expected to be announced within the next few days.
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
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