Published by Anonymous
Thursday February 14th 2019
EndsThursday February 14th 2019
The FT reports today that aircraft maintenance company MONARCH AIRCRAFT ENGINEERING (MAEL) “has been put up for sale by its majority owner, private equity group GREYBULL CAPITAL. …. is in talks with a number of potential buyers about a sale of all or parts of its business. It is the last remnant of Monarch Airlines, which went bust last year after several restructuring attempts. MAEL is based at Luton airport in Bedfordshire and employs about 700 staff.”
Customers include:
- Boeing
- Cathy Pacific
- China Airlines
- DHL
- easyJet
- Icelandair
- Norwegian
- Polish Airlines LOT
- Thomas Cook
- TUI
- Virgin Atlantic
- Wizz
Full article:
Monarch Airlines owner puts engineering arm up for sale |Sylvia Pfeifer, FT. December 17, 2018
