So a few months ago Greybull were trying to offload the airline to a seller (which seems no one wanted) and now they are investing £165 million into the business...(!?)
This in my opinion, is a load a spin, some imaginative accounting and were not being told half the story!
As a BBC analyst suggested this morning on the radio, this £165 million, might not even be an investment and could just purely be a cash injection (another). If the case, this could also add to the airlines debt and which has to be repaid and will mean the airline will struggle further to make a profit.
If Boeing have relaxed the repayment terms on the new aircraft, this also releases a large amount of money to show in their bank account, what in theory is already allocated to the purchase of the 737's.
I'm still not convinced the airline is out the woods, and the proof in the pudding will be if/when the 737's actually start to arrive, and the airline can pay for them.
Bring on the people calling me a troll, and a Monarch hater!