Airline

Monarch to cut 1,000 jobs and ground 12 aircraft in radical restructure

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Monarch to cut 1,000 jobs and ground 12 aircraft in radical restructure

Monarch Airlines has revealed it will cut over 1,000 jobs and ground twelve of its 42 aircraft as part of new CEO Andrew Swaffield's radical restructuring plan.After last week's announcement that the airline will cease its East Midlands operations after April 2015, Monarch has now proposed dropping ...

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