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Old 16th Jul 2012, 10:58
  #398 (permalink)  
brakedwell
 
Join Date: Feb 2001
Location: Under the clouds now
Age: 86
Posts: 2,503
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Having retired from the airline scene in 1997 I no longer have any contacts in Monarch and no axe to grind, but I can see a worrying similarity with the failure of Air Europe in 1991. AE focussed on extending their short haul scheduled network during a recession and expanded when everyone else was cutting back. To the very end new pilots were being recruited to crew the shiny new aircraft on order. Then along came the long run up to Gulf War One, passengers stopped flying, the money ran out and the rest is history.
Anyone with a full time contract working for a successful LCC, however dissatisfied, should think very carefully about the consequences of being unemployed in these troubled times.

I hope I'm wrong and Monarch's shift to scheduled services is successful.

Last edited by brakedwell; 16th Jul 2012 at 13:24.
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