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To Kafeneion => Grapevine / News Briefs => Topic started by: Maik on Monday, 30 October, 2017 @ 02:34:46
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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