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Monarch Airlines
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Monarch Airlines is a British charter and scheduled airline based at Luton. It is one of the United Kingdom's largest charter airlines, operating to Europe, the United States, the Caribbean, India and Africa, serving mainly leisure destinations. It also operates scheduled flights to many Mediterranean destinations, the Canary Islands and Cyprus. The airline's main base and headquarters is at Luton with other operational bases at Manchester, London Gatwick and Birmingham.
Monarch Airlines is a wholly-owned subsidiary of Monarch Holdings, which in turn is 100%-owned by the Globus Travel Group. As of mid-2009, Globus Travel's shareholders include Amerald Investments (88%), Atlantic Financial Services (7%), Abaco Holdings (4%).[3]
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