A4 -
If its really that bad, then what happens to Monarch will be the least of many problems. There are plenty of other airlines that will fold or go for mass lay offs long before Monarch.
Over the past few years Monarch have continued to recruit and organise terms to keep pilots employed while many other airlines have gone to the wall or cut staff drastically. Many are still not in strong positons , Thomas cook and Air Berlin to name a couple. But they strive on.
As for the wider implications of what you say, then it sounds like mass collapse of the European financial system and that will lead to governments, banks and multiple other companies to have huge problems or to collapse. These will in turn feed other disasters.
I really don't think things will be allowed to get that far!
Monarch will survive for sure. Their pilots will still fly planes.
If this did all happen, how many bases will Easyjet close?? How many staff will they drop like a hot rock?? How much support will BALPA be able to give??
Best look a bit closer to home for your doomsday senario!!
I do hope it will never happen to any of us!!
Last edited by Serenity; 9th August 2012 at 19:21.