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Thread: Monarch - 3
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Old 26th Sep 2016, 18:35
  #3349 (permalink)  
Skipness One Echo
 
Join Date: Aug 2002
Location: London (Babylon-on-Thames)
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Bookings will have fallen off a cliff after today's news.
Going into winter, they won't come close to revenue or profit targets, trading will only become tighter as the competition smells blood.
We don't know what's going on, it would seem a lot of people are working hard to save Monarch. Unless a white knight benefactor with deep pockets and huge ambition steps in with substantial funding, it's hard to see how MON get through the winter trading trough.

Informed comsumers won't risk it. (It's like flyGlobespan all over again on pprune sadly)Thoughts with all concerned but someone needs to step in with a lot of cash ASAP as without good news and a masssive PR drive, they'll not get through the winter.

Suppliers will not do business with an airline that they don't expect to be trading in 30/60/90 days.
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