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Monarch Airlines

Discussion in 'Birmingham' started by Aviador, Mar 30, 2009.

  1. Kevin Farnell

    Kevin Farnell Platinum Member

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    I like your use of 'the other forum'. A while back, I watched a documentary about the House of Lords and they called the House of Commons 'The Other Place'. The same applies vice versa.

    Kevin
     
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  2. Ray Finkle

    Ray Finkle Moderator Staff Member

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    I'm sure that many posters on here read other aviation forums and will have noticed the growing speculation surrounding the future of Monarch.

    Forums 4 Airports is a public forum and anyone is free to speculate here as they wish but I'd like to remind people that to us, it's a cancelled holiday, or some BHX routes now left unserved, but to thousands of Monarch employees it's the wage that pays the mortgage and feeds their children. I'm sure that much work is being done in the boardroom at Monarch HQ and we all hope that we see a positive outcome, it is undoubtedly a very worrying time and we must be sensitive to that.

    All I will say is that I am 100% behind Monarch and I desperately hope that they have a long and bright future ahead of them. They are still my airline of choice (just checked in online for my flights in a few weeks) and I hope that they will be for many years to come (y)
     
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  3. Ashley

    Ashley Active Member

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    Ray, Well written and agree 100%. We all need to bare this in mind that routes are chopped and changed but employees losing their livelihood is more detrimental.
     
  4. Ianbutty

    Ianbutty Well-Known Member

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    Totally agree Ray. Whatever we may think of an airline...I am not a fan of Ryanair....but real people bust their socks off trying to make a success of things. Monarch will roll on and grow. It has adapted and like all airlines been down and back up again. Long live the Monarch.....and all other airlines.*




    * except maybe Air Canada, who when the wife and I flew out to Vancouver on our honeymoon asked for the best seats "Certainly sir" but were given central aisle seats next to the toilets! Never forgiven for the most unromantic flight ever.
     
  5. paul

    paul Premium Member I've upgraded to support F4A!

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    Completely agree with your comments Ray
     
  6. Brum X

    Brum X Premium Member I've upgraded to support F4A!

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  7. Jerry

    Jerry Moderator Staff Member I've upgraded to support F4A!

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    They are. They are trying to sell it. Ministers also wouldn't call a COBRA over Monarch. I'd take that with a pinch of salt personally.
     
  8. nwoody2001

    nwoody2001 Platinum Member

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    Agreed, it seems to be lazy journalists slipping together the talk from the forums and making an article about it.

    Hopefully the owners will put pay to these rumours next week fir the sake of all staff involved!!
     
  9. Brum X

    Brum X Premium Member I've upgraded to support F4A!

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    But its the "negative" impact this is having on Monarch and all the lovely people who work for Monarch.
     
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  10. Aviador

    Aviador Administrator Staff Member I've upgraded to support F4A!

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    Whatever the outcome I suspect Greybull will have to bring forward it's announcement of intensions after press coverage like that. Personally I don't believe the story, only within the last couple of weeks has Greybull shown interest in buying Alitalia. I don't see that as a sign that the airline industry isn't for them.
     
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  11. rollo

    rollo Well-Known Member

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    Greybull are venture capitsts /investment company and as such exist to turn a profit although they do have a reputation for taking a longer term view which to an extent they have done so far with Monarch.

    It's in there hands so we just have to wait for any announcement and hope it's positive as like others on here they are my airline of choice, booked BHX/LPA next spring and flown twice this year with them.

    WISH THEM WELL
     
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  12. GliderPilot

    GliderPilot Active Member

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    According to another article that I've just read, they have some sort of deadline that they need to meet by tonight. Not sure how credible the express or the article editor is, but this is what they had to say.
    Surely this would have massive financial implications for the airline IF they are struggling, as the media are portraying them to be.
    The article resembles the situation Monarch faced this time last year, will Greybull or another investor be forced to come to their aid again?

    link to that news story: http://www.express.co.uk/news/uk/86...news-collapse-Atol-license-aviation-regulator
     
    Last edited: Sep 30, 2017
  13. nwoody2001

    nwoody2001 Platinum Member

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    The holiday part of the company, the part requiring ATOL, now only referents 5% of the company. The renewal date for this is tonight.

    We have zero reason to a) assume it's not going to be paid and b) if 5% of the business ended, it would not result in the collapse of the airline!!!
     
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  14. GliderPilot

    GliderPilot Active Member

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    What impact would this have on operations and/or the company if the ATOL is not renewed
     
  15. 58terminus

    58terminus Well-Known Member

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    Not in itself but the negative publicity might.Monarch are not Ryan Air.The average person will read it as a license to operate full stop.This is how its reads in the press.
     
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  16. nwoody2001

    nwoody2001 Platinum Member

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    They would not be able to sell/operate the "monarch holidays" section of the business which requires ATOL protection as far as I'm aware.
     
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  17. nwoody2001

    nwoody2001 Platinum Member

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    Indeed which is why it's such awful, sloppy and irresponsible reporting!!!
     
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  18. GliderPilot

    GliderPilot Active Member

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    I couldn't agree more, clickbait just to get the article more attention, the last thing Monarch needs is negative publicity.
     
  19. Brum X

    Brum X Premium Member I've upgraded to support F4A!

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    Congratulations Callum, you are our 26'000th post :joyful:
     
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  20. nwoody2001

    nwoody2001 Platinum Member

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    Grrrr I was on freaking post out!!!!
     
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