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Thread: Monarch - 3
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Old 29th Mar 2016, 19:03
  #2986 (permalink)  
Brigantee
 
Join Date: Aug 2014
Location: BHX
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Could well be if monarch do merge or are taken over by a major player it could be a postive outcome for all

It cannot be a shock that greybull will sell if a suitable bider is found ,

There in the business of buying failing companies , Turning them around and selling them on at a profit , No one i know in monarch expected anything else from the outset.

I think a key issue is has monarchs amazing return to healthy profit in a very short time got more to do with having great fortune in the fact they could not hedge their fuel costs and reaped the rewards from the specactular crash in prices rather than anything else

Finaly lets not forget monarch have a very succesfull and reputable aircraft engineering division Which could be a big plus in going forward

I believe monarch are a boeing gold care maintenence provider and are already looking after norweigian at LGW and carrying out C checks on their 787 fleet at their new BHX hangar

Given their growth plans i guess looking at future maintenance requirments is a big issue

Last edited by Brigantee; 30th Mar 2016 at 06:13.
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