 MAEL announced, it was not part of the liquidation and would continue as a standalone business, employing over 730 staff The FT reported that Boeing had paid £10-15m into a joint venture involving Monarch's engineering services unit, which was not placed in administration.The transport minister urged Greybull to contribute towards the £60M bill of repatriating Monarch's 110,000 stranded passengers.The FT reported that some initially suggested that Greybull lost £250M in Monarch's collapse, but they calculated that Greybull, as preferential creditor and owner of MAEL, worth about £60M, may walk away with a £15M profit from the liquidation, leaving staff, customers and tax-payers to stump up the shortfall.