Following the announcement on Monday (October 2) that Monarch Airlines would cease trading, 1,858 employees have been made redundant. Of these, 1,760 employees were from Monarch Airlines and 98 employed by Monarch Travel Group.
Blair Nimmo, partner at KPMG and the joint administrator, said: “Since our appointment, one of our key priorities has been to speak to all of the companies’ employees across all locations and provide them with the support and assistance they need at this distressing time.”
Nimmo also said that Monarch’s 17 HR staff members had been retained, to provide assistance and help in making claims to the redundancy payments office.
