BRITISH consular staff have been despatched to Spanish airports to help assist passengers after the early morning collapse of United Kingdom operator Monarch Airlines.
Around 110,000 British residents currently overseas are understood to be affected by the cancellations and are now to to be brought back to the United Kingdom on specially chartered planes by the Civil Aviation Authority (CAA).
More than 30 aircraft have been chartered to bring customers back to the United Kingdom over the next fortnight. It also provides information for passengers who have future bookings but are yet to leave the UK.
Britain's Civil Aviation Authority (CAA) said it was chartering 30 aircraft to bring back stranded holidaymakers "at no cost to them".
"Their hard work has been undone by a government seemingly content to sit on its hands and allow one of the UK's oldest airlines go into administration", said Oliver Richardson, a Unite national officer.
Package holidays booked directly with Monarch Holidays are ATOL protected, meaning that a full refund will be issued.
Monarch, which used to fly out of London Gatwick, Manchester, Birmingham and Leeds to name a few, is the UK's largest ever airline to go into administration - which means other organisations have been put in charge of the company because of the debt it accrued.
Britain's largest airline Monarch has collapsed its operation starting this Monday, cancelling 300,000 of its future bookings and leaving thousands of its travellers stranded overseas.
The CAA said on Twitter: "Some disruption is inevitable in these extraordinary circumstances; please bear with us as we do our very best to help".
Monarch's is the largest failure of a British airline. On Sunday, after a 24-hour extension, the license expired and Monarch could no longer operate flights.
"This is an unprecedented response to an unprecedented situation".
The UK's biggest peacetime repatriation is under way after the collapse of Monarch Airlines, with 110,000 customers to be brought home on specially chartered planes.
"Monarch has really been a victim of a price war in the Mediterranean", Transport Secretary Chris Grayling said.
Monarch chief executive, Andrew Swaffield, blamed a drop in profits on "the closure, due to terrorism, of Sharm-El- Sheikh and Tunisia and the decimation of Turkey".