Looks like flight only will continue for now but it's worrying for the medium to long term.
“Our flights are operating as normal, carrying Monarch customers as scheduled. Our ATOL licence – for packaged holidays – is with the regulator. Flight only bookings do not require an ATOL licence, in line with other airlines,” a Monarch spokesman said.
The company’s tour-operating arm which requires an ATOL represents just 5pc of the group’s revenues, but there are fears that the loss of confidence among airport and payment partners could have a significant negative impact on the rest of its operation."