Norwegian Air eyes Monarch Airlines deal, sources say

The owner of Norwegian Air is understood to have entered the race to secure a tie-up with Monarch Airlines in an attempt to snatch a bigger slice of Britain's low-cost travel market.

Norwegian Air Shuttle has approached Monarch over a deal to buy all - or part - of the business as it looks to up the pressure on rivals easyJet and Ryanair, sources have told the Press Association.