Commenting on the publication of the Air Travel Trust (ATT) report, Michael Medlicott, Chair of the ATT, said:

“Without doubt, the insolvency of the Monarch Group was the financial year's most significant event, costing the Trust £16 million.  With the support of the Civil Aviation Authority, the Trust was able to deliver very effective repatriation and refund exercises to the great benefit of ATOL-protected consumers.”

ATT report