A spokeswoman from a leading travel advice agency has suggested the spate of recent terrorist attacks has decimated Monarch Airlines.
The Civil Aviation Authority has begun coordinated efforts with the Government to bring roughly 100,000 people stranded overseas back to the UK after Monarch went into administration.
The airline's collapse was said to have been prompted by increasing costs in a competitive market, and the Government has warned passengers to expect a level of disruption from it.
Victoria Bacon, a spokesperson from the Association of British Travel Agents (ABTA) said various factors, like terrorism, had majorly impacted the airline.
She told Daisy McAndrew: "Even a couple of years ago, we saw the impact directly on Monarch as a result of the Tunisia incident in Sousse when the Foreign Office changed its advice, and in Sharm-El-Sheik, the change of advice to Egypt.
"Monarch had a very big programme going into those markets. Those programmes being off-limits meant they’ve really suffered and have had to redirect their flights into the western Mediterranean.
"That’s a very competitive flight market. We’ve seen new entrants and increased capacity. Add that to the pound taking a knock and pushing up fuel prices.
“All of these factors combined have had a damaging impact."