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Written question asked by Lord Myners (Crossbench) on Monday, 14 October 2019, in the House of Lords. It was due for an answer on Monday, 28 October 2019. It was answered by Baroness Vere of Norbiton (Conservative) on Monday, 28 October 2019 on behalf of the Department for Transport.

Monarch Airlines: Insolvency

Question

To ask Her Majesty's Government how many matters are outstanding in calculating the cost to taxpayers of repatriating Monarch Airlines passengers to the United Kingdom; whether independent accountants have been appointed and given access to papers in order to assist in calculating that cost; and what enquiries have been made to Greybull and its associates in the last year about the collapse of that airline.

Answer

The calculation of the final cost to the taxpayer of repatriating Monarch Airlines passengers will depend on the outcome of the administration process, which is not due to conclude until October 2020. As such, the Department for Transport has not appointed independent accountants nor given them access to associated paper work at this time.

Discussions with Greybull in relation to recovering the costs of the repatriation operation have been in writing. Ministers last wrote to Greybull on this matter on 5 December 2018.

Secondary information

Type
Written question
Reference
HL47
Session
2019-19
Subjects
Accountancy Costs Insolvency Passengers Repatriation Greybull Capital Monarch Airlines
Contains statistics
Yes
Link
View this Written question on www.parliament.uk