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Monarch Airlines has been acquired by Greybull Capital, in a £125m investment that will secure 2,500 jobs and focus operations at five airports.
Monarch Airlines is creating 150 jobs at a new 110,000 sq ft aircraft maintenance centre due to open at Birmingham Airport in November.
Monarch Airlines is expecting up to 200 new jobs to be created when it establishes a new base at Leeds Bradford Airport this year.
Monarch Airlines is to set up a new 110,000 sq ft engineering hangar at Birmingham Airport in 2013, with the creation of 150 jobs.
Monarch Airlines is looking to create up to 150 jobs at its new base at East Midlands Airport over the next year.
Monarch Airlines is to open a new base at Leeds Bradford Airport next year, offering 12 routes and up to 200 jobs.
Monarch Airlines is to launch five new routes from Birmingham Airport next year, with the creation of 200 jobs.
Monarch Airlines is to set up a new base at Birmingham International Airport offering flights to Tenerife and Malaga from next summer, with the creation of 50 jobs.