Collapsed airline Monarch has won an appeal against a court decision that had stripped it of rights over valuable airport slots, in a boost to administrators who are hoping to recover money for creditors.

Ryanair pilots have been encouraged to invoke Winston Churchill in an attempt to deal with their management collectively.

Update - 10.35am: Around 860,000 customers are affected by Monarch Airlines going into administration, the UK's Civil Aviation Authority (CAA) has said.