On the first anniversary of the demise of Monarch, Routesonline looks at what happened to the routes operated by the UK leisure carrier at the time of its failure and how the market reacted.
IAG, the owner of British Airways and Aer Lingus, is to expand its presence at Gatwick Airport after striking a deal to buy the majority of slots vacated by the collapse of Monarch. Hungarian carrier Wizz Air is also set to take Monarch's former slots at London Luton.
The administrators of failed British airline Monarch have revealed that advanced sale talks were held in the run up to the carrier’s collapse, while its management team were also mulling a change in business strategy to focus on profitable long-haul routes.
Hungarian low-cost airline Wizz Air is to launch five new routes from London Luton after confirming plans to base four additional Airbus A320 aircraft at the UK airport.
Take-off and landing slots at London Gatwick, Manchester and Birmingham that were previously controlled by collapsed carrier Monarch Airlines are set to be reallocated to other airlines after administrators lost a legal bid to retain them.
The airport serving the British Overseas Territory has experienced an influx of passengers during the summer months, mainly due to increased services from existing carriers. A new record was set in August, with 60,360 passengers handled.
The confirmation of the funding ends a couple of weeks' speculation over the future of the operator after social media reports started appearing late last month highlighting that a fleet of chartered aircraft were being positioned across to Europe apparently by the CAA to safeguard passengers in the event of Monarch’s collapse.
Monarch will introduce flights to Lisbon from the start of May with a three times weekly link from London Gatwick from May 3, 2016 and a three times weekly service from Manchester from May 5, 2016. Madrid will be added to its network from June 17, 2016 with the start of a four times flight from Birmingham, which will be followed just days later by a new four times weekly link between Birmingham and Lisbon.
The UK carrier is currently reinventing itself as a scheduled European low-cost operator following a change in ownership to better meet passenger demand. Through the review of its network strategy, the airline is focussing on offering customers greater flight frequency and more sociable departure times to short-haul European destinations from its main UK bases.
The airline will introduce new routes to Alicante and Naples (a new market and return of a former destination) and boost frequencies to Dalaman and Faro as it offers 28 weekly flights from Leeds Bradford to ten sun and city destinations across Europe during the summer 2015 schedule.