Monarch Airlines

Monarch Airlines collapsed on October 2, 2017.

The budget British airline, founded in 1967, flew vacationers to tourism hotspots around Europe, as well as to Israel.

Financial difficulties drove Monarch to desperately seek funding and, despite scoring some investment from Boeing in 2016, the airline shut down and stranded some 110,000 passengers who were later repatriated on other airlines in an operation costing £60 million ($78 million).