This question has been answered by the relevant Government Department.
Lord Myners to ask Her Majesty's Government whether they intend to pursue the assets of Monarch Aircraft Engineering (MAE) in obtaining a contribution to public funds to cover the cost of repatriating customers of Monarch Airlines to the UK; and whether they plan to establish whether (1) MAE is still owned by Monarch Airlines or Greybull Capital, and (2) whether all or part of the capital of MAE has been sold and, if so, to whom the proceeds were paid. HL2711
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