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Monarch boss set up consultancy hours after collapse

Atol
Gary Noakes
5 October 2017

Former Monarch chief executive Andrew Swaffield set up a consultancy business - reportedly named after his polo team - on the day the airline collapsed, it has emerged.

Andrew Swaffield

Alcedo Consulting was registered with Companies House on Monday October 2, the day on which Monarch was put into administration at 4am.

Details registered with Companies House show the company’s North London address and another director, William Low, described as an ‘Aviation Expert’.

Under ‘Nature of Business’, Alcedo - Latin for Kingfisher - lists ‘scheduled air transport, service activities incidental to air transportation’ and ‘management consultancy activities other than financial management’.