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Old 28th Jul 2012, 15:53
  #493 (permalink)  
Alexander de Meerkat
 
Join Date: Mar 2009
Location: United Kingdom
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There is no dispute that Monarch is a great company to work for, but that is not really the issue - long term viability (i.e. a full career for a young man in his mid-20s) is where my doubt lies. I think we all know it is impossible to predict the future in the airline world, and far wiser punters than me have got it seriously wrong. Nonetheless, my own belief is that they cannot compete directly with Ryanair or easyJet on their core routes, but we shall just have to see. I do, however, like the active efforts Monarch are making to expand, and it is good news for the whole industry - I genuinely wise them well.

Sprinkles - please excuse my harsh tone. My excuse is that I was writing at around 3.30am and was worn out! I fully understand why you have made the choice you have and hope it all works out well. I am very frustrated that our own management have created a situation that you felt you needed to leave - it is really inexcusable.

A key element of the discussions in the last few pages has been over the wisdom of easyJet cadets leaving to join Monarch. It has diverged into a discussion about who is doing well and who is not. I have heard the rumours but frankly do not know the whole truth about Monarch's current financial status. I do, however, know how easyJet is doing. For those interested in easyJet's current financial well-being, may I draw your attention to the following:

http://corporate.easyjet.com/~/media...ms-q3-2012.pdf

I would humbly suggest that any company coming up with these figures in the current economic environment is doing very well indeed. We all know these things can change very quickly, and no one is crowing about how great easyJet is. Nonetheless, to make the decision to leave a company producing these kind of figures without joining a national carrier is a gutsy move indeed, and not one I would hand-on-heart recommend.
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