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Old 23rd Nov 2014, 08:36
  #2587 (permalink)  
ATNotts
 
Join Date: Oct 2004
Location: UK
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Just curious with the new Hangars at Brum and the Luton hangars been pretty ancient and limited in size to what they can handle - is there much going on in these hangars these days or has Birmingham stolen their thunder?
Looking at it from a hard nosed financial point of view, why would a slimmed down Monarch (the airline) need three maintenance facilities, one of which, at least from an infrastructure point of view, is hardly state of the art.

I am guessing that the financial value of the Luton facility (especially if Monarch owns it), combined with the lower (employment) costs in the Midlands and Northwest would make selling off, or releasing the Luton facility and concentrating all MAEL operations at BHX / MAN a positive move for the new regime. Perhaps Luton Airport management would quite like the Monarch real estate for other purposes and might make the airline an attractive offer?

Only time will tell, but Greybull will be looking to fatten up the group for resale in 5 or so years time. That's their business, and that's surely their goal.
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