Pursuits

Monarch Airlines Plans 62-Jet Deal by September in Discount Push

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Monarch Airlines Ltd. plans to order as many as 62 single-aisle jetliners by the end of September as the U.K. charter carrier seeks to transform itself into a discount operator along the lines of EasyJet Plc.

Monarch is considering both existing and upgraded versions of Airbus SAS and Boeing Co. short-haul models, plus the new CSeries jet from Bombardier Inc., as it mulls fleet renewal and expansion requirements, Finance Director Robert Palmer said.