Monarch owner accepts 'moral obligation' over repatriation costs

Private equity firm Greybull Capital agrees with transport secretary it should help if left with profit after administration processThe owner of the collapsed Monarch airline has said it has a “moral obligation” to help meet the costs of flying holidaymakers back to Britain after taxpayers footed the £60m bill.In a letter to the chairman of the Commons transport select committee, the private equity firm Greybull Capital indicated that profits recovered from the failed firm coul