The reason Aviance did not get the monarch contract last year was because Swissport was rumoured to had offered £500k to stay. Monarch could not refuse and extended the contract on a 1 year deal.
Rumour was that Aviance were about to seal the deal (again) with
monarch just prior to being taken over by the circus. Everything was put on hold until the takeover plans were a little clearer.
Obviously they have now signed with Servisair on the terms agreed with Aviance. You said it yourself
Sevisair are in a very healthy position currnetly so are not going to take on any new contracts for peanuts
The contract was there for servisair to turn down. There is surly some weight behind it?
Space for a 3rd handling agent now?