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Old 9th Jul 2014, 09:54
  #2123 (permalink)  
Artie Fufkin
 
Join Date: Nov 2007
Location: Polymer Records
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Monarch has discretely released its financial report.
I can see why the results were released discretely, they made for quite interesting reading. After loosing in excess of £50M for 2 years in a row, they have "only" lost £14M in 2013. Despite having been bailed out by over £100M in recent years, they are now down to £17M in net assets.

How exactly are they funding this order of new aircraft? Another present from Switzerland?
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