He said: 'The news of the collapse of parts of Monarch's business has come as a shock, and my prayers and concern are for those whose jobs and livelihoods are now at risk, as well as for those whose travel and return to the UK has been disrupted.
"The uncertainty of business and employment is something we have to live with, and it is important now that those affected are supported and that communication with them is clear and helpful.
The Diocese of St Albans has a chaplaincy team at Luton airport, and Bishop Alan said the parishes locally are "very much engaged with those whose work and lives are being affected".
Luton Airport's Senior Chaplain's said in a statement that the chaplaincy team is "shocked and saddened by the announcement" after a 30 year relationship with the airline.
It continued: "We have been in touch with Monarch's senior managers and HR department to offer support to employees, or to help in referring them to clergy or other organisations nearer to their homes.
"Our thoughts and prayers are with all those who are affected by this and the human impact will be felt throughout the airport and the local community.
"Wherever and whenever support is required we will be available."
A union is launching legal action on behalf of more than 1,800 Monarch airline workers who lost their jobs after the firm went into administration.
Unite, which represents about 1,800 engineers and cabin crew who worked for Monarch, announced it will begin employment tribunal proceedings over an alleged failure by the company to consult on redundancies.