Monarch Airlines has ceased trading and its 300,000 future bookings for flights and holidays have been cancelled, the Civil Aviation Authority has said.

About 110,000 customers are currently overseas and the government has asked the CAA to charter more than 30 aircraft to bring them back to the UK.

Monarch is the UK's fifth biggest airline and the country's largest ever to go into administration.

Customers due to fly from the UK have been told not to go to the airport.
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The government has asked the CAA to bring back stranded Monarch customers over the next two weeks.

But what happens to those who will be abroad beyound that cut-off?

"After that two weeks the government is not bringing people back free of charge and I suggest that anybody who is in that position should go and look on the website," says Dame Deirdre Hutton, chair of the Civil Aviation Authority on Wake up to Money.

"They will have to organise themselves," she says.
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