PPRuNe Forums - View Single Post - Monarch MPL with CTC.

5th Nov 2011, 16:03

#11 (permalink)

shorty79

Join Date: Mar 2011

Location: London

Age: 45

Posts: 72

Likes: 0

Received 0 Likes on 0 Posts

I'm considering the MPL and thought it was worth noting:

Easyjet pretax losses (2011 Half Year Results) £153m.
2011 Half Year Results

Whilst for BA, IAG (BA) pretax profit €39m (compared to a loss of €419m for the same period in 2010). IAG announces half-year profits - Business Traveller

I think it's possible to read what you want into this.

I might be naive but I would think that the accountants at Monarch would be looking at ways to increase future revenue, so a cadet scheme seems like an affordable option (cheaper than experienced pilots).

Reply