Wednesday, November 22, 2017

UPDATE 1-In boost to creditors, failed airline Monarch wins appeal over UK airport slots

Adminstrators at KPMG hope to raise capital by transferring the slots at London's Gatwick and Luton airports to other airlines. “We are delighted with the ruling,” said Blair Nimmo, partner at KPMG and joint administrator. “We will now progress the slot exchange transactions we have underway, whose ...
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