Read the rest, including Monarch's reaction, atFrom Times Online December 29, 2009
Bookie tips Monarch as 'next airline to go bankrupt'
Paddy Power has opened a book on which airline will go bust next, and claims that the UK's largest charter airline, Monarch, is favourite to fold.
The Irish bookmaker claims that in the past seven days more than 100 bets have been placed on Monarch, shortening the airline's odds from 50/1 to 4/1 to be the next airline to go bankrupt.
A Paddy Power spokesman told Times Online: "Almost 8 out of every 10 bets placed over the last week have been on Monarch. It's following a similar pattern to XL Airways last year."
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