Great news about Monarch Airlines
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LBAspotter said:Monarch's Atol licence set to expire on Friday
LBAspotter said:
Monarch must renew its operating licence this week to continue selling package holidays, the Civil Aviation Authority said.
The company has been hit by rumours that it is in trouble, which have been denied by the firm. But the CAA warned that Monarch's Atol licence expires on Friday and if it is not renewed it will be unable to sell package holidays.
Source: http://bbc.in/2doIMwu
What would it take to renew the ATOL licence?
Ray Finkle said:Possibly similar to something done by Jet2 but still nice to see
Although it is good news I think people have to be cautious
Nothing is totally secure in the airline industry. I remember in the early 70's when Court Line went bust, it came out of the blue. There have been many similar instances since eg Swissair, Sabena to name but two.
Hopefully in 12 months time we won't be having this conversation. I think there is a place in the market for Monarch but they may have to establish new bases at other smaller airports. I do wonder if with their new MAX aircraft they might consider low cost transatlantic? But at least they are still around for us to find out!Cautious but certainly for the next 12 months it's looking safe enough to book with.
I think problem is for is what is their brand?Can't see it happening myself to be honest. They have to reestablish their brand after last years fiasco before worrying about new business ventures.
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