Following the bankruptcy of Monarch Airlines (ZB, London Luton), the government of the United Kingdom has announced plans to review the country's existing airline insolvency laws.

The plan was announced in the UK Autumn Budget, an annual policy document published by the Treasury on November 22, and is likely to go ahead in 2018.

According to the policy paper, the review will be led by an independent chair and "draw on lessons from the collapse of Monarch". The government intends to review both rules regarding repatriation of stranded passengers as well as refunds.

The review "will include full consideration of options to allow airlines to wind down in an orderly fashion so that they are able to conduct and finance repatriation operations without impact on the taxpayer," the Treasury announced.

When Monarch Airlines went bankrupt on October 2, some 110,000 of its passengers were left stranded overseas. Over thirty aircraft were subsequently chartered from a variety of third-party operators including Qatar Airways, Air Transat, Wamos Air, Hi Fly, and Titan Airways to ferry stranded passengers back to the UK at the expense of the UK Civil Aviation Authority (CAA). The CAA also covered the costs of retaining a sufficient number of employees at Monarch to oversee the repatriation flights.