The Luton based Monarch airlines had been flying passengers to destinations across the world for almost 50 years.
The company was the UK's fifth largest air carrier and employed around 2,100 people across the airline and tour group.
So where did it all go wrong? Click below for a look back at Monarch as it touched down for a final time....
There have been emotional scenes at Monarch airlines HQ in Luton as staff tried struggled to come to term with the collapse of the airline.
Adminstrators KPMG have told ITV News Anglia that Monarch customers remain their number one focus, after the collapse of the Luton airline.
Ministers have been accused of "sitting on their hands" while the Luton based airline Monarch went bust.