30/10/17

[Maik]

Monarch investor Greybull would repay repatriation cost

The former owner of the collapsed airline Monarch says it has a "moral obligation" to help repay the taxpayer if it profits from the sale of assets.

The government spent £60m getting passengers home after the UK's fifth biggest airline went bust.

Now, Greybull Capital has pledged in a letter to the Transport Committee that it would help "defray the costs".

But it is unclear if any profit will be made.

http://www.bbc.co.uk/news/business-41796359