Monarch Airlines the UK's 5th biggest airline went into administration at 4am this morning after 50 years of operating. Almost 1,900 have lost their jobs as a result! The UK's Civil Aviation Authority have leased around 30 Aircraft fro Qatar Airways and Air Transat to ferry the 110,000 passengers now stranded abroad back to the UK. This will be little comfort to the 300,000 future bookings affecting 800,000 passengers.
http://www.bbc.co.uk/news/business-41477267
http://www.bbc.co.uk/news/business-41477267