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ROYAL MESS II Monarch Collapse Hits Lanzarote Tourists

Thursday October 5, 2017

ROYAL MESS II Monarch Collapse Hits Lanzarote Tourists

Bust airline Monarch failed to extend ATOL coverage to 750,000 customers - all of whom now face a battle to secure any compensation at all for their cancelled flights.

The news emerged yesterday as administrators KPMG revealed that the airline stopped offering ATOL coverage - at the cost of just £2.50 per person - back in December in order to save money. As a result, anyone who booked a flight only deal with Monarch will now receive no compensation whatsoever. Or face a lengthy battle with their credit card company or holiday insurers.

Monarch´s collapse is estimated to have hit around 8,000 tourists on the island - as the airline enjoyed a 4.5% share of the UK to Lanzarote market. And plenty of horror stories have emerged here since the airline crash landed - with a number of families on holiday packages being asked to pay many thousands of pounds to gain access to their rooms or before checking out by disgruntled, out of pocket hoteliers who have also been left in the lurch by the carrier´s demise.  

Monarch ran a discounted seat sale as recently as last Friday, sparking calls from some MP´s for an inquest into the corporate malfeasance of both the collapsed carrier and Ryanair - who have also barely been out of the headlines over the last week.

To date just 23,000 of Monarch´s 110,000 customers stranded abroad have been flown home in what has been dubbed the largest repatriation of UK nationals ever undertaken in peacetime.

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