The independent Airline Insolvency Review is chaired by Peter Bucks. The review will look at how to ensure airlines can wind down in an orderly fashion with the minimum impact on passengers and the taxpayer. The terms of reference set out what the review is seeking to achieve and by when.
Following the failure of the Monarch Group in 2017, the Chancellor announced in the Autumn Budget Statement that the government would launch an independent review into consumer protection in the event of an airline or travel company failure. The review will draw on lessons from the collapse of Monarch and will consider both repatriation and refund protection to identify the market reforms necessary to ensure passengers are protected.