Airline Insolvency Review

05 July 2019 | London

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UK taxpayers paid over £60 million to repatriate around 110,000 passengers stranded abroad following the failure of Monarch in October 2017. The UK Government commissioned the Airline Insolvency Review to assess the existing protections available to passengers in the event of a future airline insolvency and make recommendations to ensure taxpayers no longer foot the repatriation bill.

The review has now published its final report. It remains to be seen which of the recommendations (if any) will be implemented but some of them have the potential for far reaching changes in the sector.

Read the full report.

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Key Contacts

If you have any questions, or would like to know how this might affect your business, phone, or email these key contacts.

Kevin is Partner in the restructuring and insolvency group at Herbert Smith Freehills.

Key Services

Restructuring, Turnaround and Insolvency

Finance

Key Sectors

Infrastructure

Banks and other Financial Institutions

+44 20 7466 2976

John is a restructuring lawyer based in our London office.

Key Services

Finance

Restructuring, Turnaround and Insolvency

Key Sectors

Banks and other Financial Institutions

Energy

+44 20 7466 7548

John is a disputes and restructuring lawyer and co-leads the firm's global Restructuring, Turnaround and Insolvency practice. He advises on a broad range of general commercial litigation and contentious insolvency matters.

Key Services

Commercial Litigation

Restructuring, Turnaround and Insolvency

+44 20 7466 2010