14 of 34 aircraft are leased out of IrelandLuton based airline tweeted reassurance to passengersFlights by Luton based budget airline Monarch continued to operate as normal after a day of rumours aircraft were returning to England for repatriation flights. Please ignore them On the repatriation flights Monarch tweeted:: “this is nothing to do with Monarch Airlines, please ignore the rumours.” Asked “Are you going bust tonight? Hope not, we have flights booked“, Monarch replied: “Absolutely not. Monarch Airlines exited long haul flying after heavy losses and downsized last year. Monarch currently operates a fleet of 34 Airbus aircraft, 14 of which are leased out of Ireland.