Monarch chief executive Andrew Swaffield thanked the trade for its support when he addressed Abta’s Travel Convention hours after announcing a £165m investment to secure the group’s future. Ian Taylor reports
ndrew Swaffield’s expected absence from Abta’s Travel Convention in Abu
Dhabi on Tuesday last week triggered media reports that the Monarch chief executive had gone AWOL while the group’s future was in jeopardy.
So it was a smiling Swaffield
who appeared on stage at the convention the following day, hours after announcing a £165 million investment in the group by owner Greybull Capital and renewal of the airline’s Atol licence by the CAA. Swaffield told the convention: