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Thread: Monarch - 3
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Old 27th Sep 2016, 12:16
  #3411 (permalink)  
HZ123
 
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I too have followed the thread and have been in similar situations in my past. The primary point that is irrefutable is that Monarch have been debt laden for many years and as one threader aptly highlighted cash injections are merely stopgaps. There transition between loco and schedule (or vice versa) has been difficult and seemingly to many of us in the industry 'confusing', I hope like many as well as cash they will appoint senior people to get a good airline back on track and in the near future effective and profitable.

If financial targets are not achieved quickly there future does not look sustainable. Despite some negative comments I believe that contributors are saying it as they see it and it is irrelevant what we think to the good hard working Monarch staff. I wish them well and hope this awful situation is resolved.
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