Originally Posted by
sixchannel
Having been on the Pax end of the Monarch collapse (in FUE at the time) I wonder if tonight will bring another 'wham, bam, thank you m'am' and as soon as tonights last aircraft has landed in the UK in the early hours of Sunday, that'll be it.
So sad if so, for all those working for the TC companies.
Said Pax in resort will likely be taken care of.
My very well educated guess (having been in and around these events for nearly 20 years), would be that if the plug is to be pulled - and I fully expect it will, sadly - it will be after the last wheel's down before midnight tomorrow (Sunday). Any aircraft still in the air at that point will continue as normal, but nothing will operate on Monday morning. The announcement will come at 23:00 BST in time for the Asian markets to open, which also has trading in the bonds, plus the conglomerate trading for the proposed bidder.