Monarch -2
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from Travel Weekly for those who need help
Peter Brown steps down as Monarch chief executive
(05 February 2010)
Monarch Airlines chief executive Peter Brown is to step down with immediate effect after eight years in the role.
Monarch chairman Iain Rawlinson will take on senior executive responsibility for the group on a temporary basis while the group seeks a replacement.
He will be supported by the management committee which includes Monarch Airlines managing director Tim Jeans, Cosmos mainstream products managing director Stuart Jackson and Cosmos Tourama managing director Alan MacLean.
Rawlinson said: “Peter has been instrumental in guiding the group through a formative period in its long history. Monarch today has balanced exposure to both chartered and scheduled airline operations, a strong travel brand and a supportive family shareholder base.
“The group is emerging from the very challenging recent period with a sound business model which offers scope for growth in the years ahead.
“We would like to thank Peter for his contribution to both Monarch, and to the airline industry. We wish him the best for the future.”
Brown said he was looking forward to a “new challenge”.
(05 February 2010)
Monarch Airlines chief executive Peter Brown is to step down with immediate effect after eight years in the role.
Monarch chairman Iain Rawlinson will take on senior executive responsibility for the group on a temporary basis while the group seeks a replacement.
He will be supported by the management committee which includes Monarch Airlines managing director Tim Jeans, Cosmos mainstream products managing director Stuart Jackson and Cosmos Tourama managing director Alan MacLean.
Rawlinson said: “Peter has been instrumental in guiding the group through a formative period in its long history. Monarch today has balanced exposure to both chartered and scheduled airline operations, a strong travel brand and a supportive family shareholder base.
“The group is emerging from the very challenging recent period with a sound business model which offers scope for growth in the years ahead.
“We would like to thank Peter for his contribution to both Monarch, and to the airline industry. We wish him the best for the future.”
Brown said he was looking forward to a “new challenge”.
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Smudge :
you'll have to narrow it down a bit more than that 
theres a few Brownite comedians that your comment would apply to.
Heck I think one of them just posted.
Pity the other joker wasnt made an offer he couldnt refuse at the same time
theres a few Brownite comedians that your comment would apply to.Heck I think one of them just posted.
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Luckily for monarch they have the backing and 100 per cent support of one of the world richest families so id happily put my house on them being around for another forty odd years,if any airlines going to survive this down turn its monarch
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(Luckily for monarch they have the backing and 100 per cent support of one of the world richest families so id happily put my house blah blah blah.....)
Having a rich owner did not help Globespan did it?
Having a rich owner did not help Globespan did it?
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Profits?
righthandrule
You have just posted on the Jet2 thread Monarch's last profits were £70000,can you provide a link to the results as I would like to look at the rest of financials such as cash in the bank etc etc?
Pete
You have just posted on the Jet2 thread Monarch's last profits were £70000,can you provide a link to the results as I would like to look at the rest of financials such as cash in the bank etc etc?
Pete
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Sorry if l am up setting you DADDY-OH!, but as l understand it, my reply to wawkrk, is correct.
I quote from the Longman Dictionary of Contemporary English Advanced Learner's Dictionary.
Millionaire: Someone who is very rich and has at least a million pounds or dollars.
I did not say he had only a million and was not trying to insinuate it either.
I have deliberately keep away from commenting on some of the
that has been posted on this forum & the Jet2 forum from yourself and simonchowder, plus others who think they know about maintenance, who sadly only have some of the picture.
As for your last post DADDY-OH!, some of it is correct.
The family are in it for the long term as relayed to staff on Friday, looking at a 10 yr plan not just the immediate future.
MON is not going to dump it's B757s any time soon, they have plenty of work for them, for which the cheaper to operate A321 can not do.
Yes some crews will end up being moved and most of that has been in progress over the last few months.
The biggest change is going to be in Base Maintenance within MAEL, with a reduction in staff due to a fall in work coming in.
Yes the family is not going to just throw money away, it wants the company to reduce it cost base and that will be a good thing overall.
Now as for the about MON buying Jet2 or the other way round it is just .
I hope that this post clears some of what has been said.
By the way l second what im going in said.
I quote from the Longman Dictionary of Contemporary English Advanced Learner's Dictionary.
Millionaire: Someone who is very rich and has at least a million pounds or dollars.
I did not say he had only a million and was not trying to insinuate it either.
I have deliberately keep away from commenting on some of the
that has been posted on this forum & the Jet2 forum from yourself and simonchowder, plus others who think they know about maintenance, who sadly only have some of the picture.As for your last post DADDY-OH!, some of it is correct.
The family are in it for the long term as relayed to staff on Friday, looking at a 10 yr plan not just the immediate future.
MON is not going to dump it's B757s any time soon, they have plenty of work for them, for which the cheaper to operate A321 can not do.
Yes some crews will end up being moved and most of that has been in progress over the last few months.
The biggest change is going to be in Base Maintenance within MAEL, with a reduction in staff due to a fall in work coming in.
Yes the family is not going to just throw money away, it wants the company to reduce it cost base and that will be a good thing overall.
Now as for the
about MON buying Jet2 or the other way round it is just .I hope that this post clears some of what has been said.
By the way l second what im going in said.
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I'm going in
I can't see Slimy Chowder's posts as he's on my 'Ignore list' but he's not worth getting het up about. I wholeheartedly agree with you & you have my sympathy as I've been in similar situation, albeit slightly different due to my previous airline's existence WASN'T guaranteed whereas MON WILL survive. You'll be fine.
Mr @ Spotty M
You didn't upset me as much as Tom Dalrymple did by gambling with GSM trying to get £40 million of 'his' money back from EClear. MON buying Jet2 or vice versa is preposturous & was meant as a joke. However IF MON did want to dispose of their B757's, I'm sure Jet2 would love to snap them up because they would be relatively cheap & expertly maintained.
I can't see Slimy Chowder's posts as he's on my 'Ignore list' but he's not worth getting het up about. I wholeheartedly agree with you & you have my sympathy as I've been in similar situation, albeit slightly different due to my previous airline's existence WASN'T guaranteed whereas MON WILL survive. You'll be fine.
Mr @ Spotty M
You didn't upset me as much as Tom Dalrymple did by gambling with GSM trying to get £40 million of 'his' money back from EClear. MON buying Jet2 or vice versa is preposturous & was meant as a joke. However IF MON did want to dispose of their B757's, I'm sure Jet2 would love to snap them up because they would be relatively cheap & expertly maintained.
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Thank you for your post DADDY-OH! and good luck at Jet2.
cherrylock, no number announced yet to my knowledge, what job is your brother applying for?
I do hope it is not in Base Maintenance.
cherrylock, no number announced yet to my knowledge, what job is your brother applying for?
I do hope it is not in Base Maintenance.
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Thanks guys! As I've said earlier MON will be fine. If a hangar has to be mothballed, it is the lesser of two evils, at least MON won't be put in the hands of the Administrators. The hangars will be full again within a season or two.
Cheers guys & all the best!
Cheers guys & all the best!