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Old 21st Jan 2011, 23:55
  #1441 (permalink)  
 
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TSR2....not quite a direct comparison...Olympic will have contracted a block seat rate with Jet2 (assuming they aren't scraping their site or worse, ghosting the schedule of Jet2 only to move pax later on in the hope of contracting rates with a carrier at more favourable rates..they wouldn't be the first...)..Cosmos do not have a contracted block rate with ZB but sell depending on how the overall Monarch stock is selling (as part of the group). From your observations it appears that Monarch Group is in pretty good shape compared to Olympic/Jet2....Maybe Olympic are this years Goldtrail?
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Old 22nd Jan 2011, 11:14
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The Monarch Group is owned by the Swiss-Italian Mantegazza Family, headed by Sergio Mantegazza. A quick Google search should provide you with more information.
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Old 22nd Jan 2011, 11:17
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The Hitcher

It is owned by a number of share holders but the main share holders are the Mantegazza family.
Light hearted banter over the years has suggested the Mafia, but this is without any foundation.
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Old 22nd Jan 2011, 11:18
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Tartin - from your seat in the ivory towers that is ZB res , can you give me an honest answer to these questions. How much of this Olympic debacle is totally their fault ?, and do you not think that just a little of it has been caused by the intransigence (and that's being polite!) of the new sales regime down in Crawley?
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Old 22nd Jan 2011, 11:21
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As my old Italian Grandmother used to say, God rest her soul.

You know Tony, somethings are good to talk about, and somethings are not so good to talk about!

This is a respectable company! You got it!

It is a subsidiary of Globus Gateway, which is owned by various investment holding groups, the largest being Amerald Investments based in the Netherland Antilles.

You ever been to Curacao? They say it is beautiful this time of year! Good for the diving. Your pilot friend at security, he knew that!
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Old 22nd Jan 2011, 12:13
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X, thanks for your input....not all of it is their fault. A lot of it must be laid at the door of the previous regime for not getting the required increases in previous years. You might want to call the new regime as intransigent....it's actually just the reality of the situation. The previous rates were below the required rate for the flying that they had. The new rates were what they should have been paying. Simple economics.

Hang on, the phones ringing.....better get that......
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Old 22nd Jan 2011, 18:04
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So the new commercial boss goes into bat to try and make do the wrongs of all those people who clearly weren't as brave as he was who went before him in the 12+ years olympic have supported Monarch (since before you joined I think TT) and his hard ball approach achieved.....nothing.
This prompts a phoney war in TTG and people like you trying to put a brave face on a patched up programme with more seats that ZB and/or Cosmos will give away.

Last edited by Egon Maybach; 22nd Jan 2011 at 18:39.
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Old 22nd Jan 2011, 21:40
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Egon, his approach has rid the company of a parasite...we've been supporting their operation for years at the expense of our own. No need for a brave face when the company is in a better place than it's been for many a year.

Once again Egon, if you don't like it please leave...you and people like you won't be missed...close the door on your way out, there's a good chap.
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Old 23rd Jan 2011, 09:44
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Historically the chartered business of Monarch was making money. A large chunk from Olympic. The scheduled business and tour operations were always bleeding. Someone has given Fabio Montegazza wrong information.

There is a lot of gossip in the airports about the sales approach taken by Monarch in the market. Not only with Olympic. Whatever the case is, Olympic are now selling seats from TUI, Thomas Cook, Jet2 and others. Obviously they are paying the market rates to get the seats. Avro and Monarch have dumped seats in the market and the prices are squeezed. There are a lot of aircraft in the market. This is good for the public. Not sure if it is good for employees.

Does anyone know how many pilots are being recruited by Monarch?
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Old 23rd Jan 2011, 10:00
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Tartin - you don't get it . Some quite learned guys on here have been quietly suggesting to you that Olympic are not "shysters" or "parasites" at all - it is maybe , just maybe the fault of MON for being too greedy with the rates demanded this year . If i was in commercial and i had completely
on a big contract like this , then this is the spin i would put on it too - ie they are shysters , parasites etc , and blaming the former regime for allowing a situation like this to occur (sounds a bit like the current UK government!) . I wouldn't expect them to say anything else!
And if they went in to negotiations with the Big Mac school of management which you seem to endorse , if you don't like it etc , then there is no hope !
What with Dublin making no money and Edi (well , you tell me......) , and charter in general on the wane and long term , it sounds like MON are retrenching further south into a loco war (mainly with EZY) that they won't win imho. More simple economics?
This is just my 2p's worth , Tartin your loyalty to the "family" is commendable , but i think the good folk of MON deserve to maybe hear the truth rather than the ridiculous good news spin that is constantly in Monline!
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Old 23rd Jan 2011, 11:08
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Has the equipment been allocated this year for EDI yet?

With a full weekly programme out of EDI and SSH to be included. Was an A320 last summer, but rumour has it is to be a bigger aircraft for this year. Would an A321 manage to operate EDI-SSH, or would it be restricted in payload. TIA.
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Old 23rd Jan 2011, 11:14
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X-centric - who says DUB is making no money... maybe at the minute because there's no winter flights but in the summer its profitable and thats why MON go back time after time, same for EDI.
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Old 23rd Jan 2011, 11:22
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just a point to my previous question, the reason I was asking is that the EDI based crew for the summer have been told it will be a bigger aicraft due to more seats available this year, and they also have a meeting about the future.

Could this be year round Monarch at EDI to operate the new winter charters, or could it be a move towards Thomson basing an aircraft year round?
Sorry for all the questions
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Old 23rd Jan 2011, 11:26
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If Dublin isn't making money then why are MON basing a second A321 this summer??
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Old 23rd Jan 2011, 13:35
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And of course DUB must be making a fortune at the minute with 3 aircraft flying non stop for Aer lingus.

As far as i know EDI will have a 321 7 days a week based there for the summer.
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Old 23rd Jan 2011, 15:14
  #1456 (permalink)  
 
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It'll be interesting to see whats being posted here at the end of this week

as for the mob in Crawley - about as much use as Anne Frank's Drum kit.
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Old 23rd Jan 2011, 15:42
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Care to enlighten us renort?
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Old 23rd Jan 2011, 21:47
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Will Monarch consider updating/improving it's long haul product anytime soon as it seems to have been left behind by the other charter carriers(TCX, TOM) plus BA and Virgin. At the moment they only have a 30inch seat pitch and old-fashioned over-head ife. I know they say that the 787s will have a 33inch pitch but they won't be arriving for a while yet so I think an update to Mpnarchs long haul product would detinately help it compete better with it's rivals who seem to have left it behind! I mean c'mon their premium seat pitch is only 1inch more than you get in TOM/TCX's long haul economy classes!!
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Old 23rd Jan 2011, 21:57
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EDI = 757 summer 2011
Don't think thats right as most of MON B757's will be flying to Canada next summer. It's most lightly to be a A321.
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Old 23rd Jan 2011, 22:09
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As far as I know, the Canadian Affair summer schedule flights only require 1 x B757.
Mon LGW-Ottawa. Tue LGW-Montreal. Wed - OFF. Thur LGW-Halifax, Fri /Sat W pattern LGW/BHX - Toronto, Sunday - Montreal.
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