Monarch Airlines collapses - 410,000 passengers affected

Monarch Airlines have ceased trading with immediate effect, meaning all flights and holidays have been cancelled and will not be rescheduled. The airline had operated out of Gatwick Airport.

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An end to Monarch's 50 year history

Monarch is the biggest UK airline ever to go into administration bringing to an end a 50 year history.

It began in 1967 when the growth of package holidays to the Spanish Costa's saw the company take off.

As Chloe Keedy reports.

Chloe spoke to Andrew Angus, Economics lecturer.

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