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IAG Acquires Monarch Slots

British Airways owner IAG has completed a deal to acquire former Monarch Airlines slots at London/Gatwick.  The purchase, for an undisclosed sum, came days after administrator KPMG won an appeal to retain lucrative airport slots held by the recently failed

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KPMG Appeals Monarch Slots Ruling

Administrator KPMG has launched an appeal after losing a High Court battle to retain lucrative airport slots held by the recently failed Monarch Airlines.  The UK’s fifth-biggest carrier ceased operations in early October after running into financial difficulties, leaving thousands

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