TravelMole
Operators

Monarch remains tight-lipped

Monday, 22 September 20143 min read

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.