Well I never! A new company, Shelfco, was set up, to hive off the prospective long-haul Monarch and its costly Boeing orders.
And
Records show Mr Swaffield became chief executive of another company, Shelfco 2017, that was set-up on September 25.
The other directors include Nils Christy, Monarch’s chief operating officer, and Christopher Bennett, its finance director.
It is registered at Monarch’s Luton Airport headquarters.