Monarch - 3
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes
on
0 Posts
It is now clear that there was substance to this rumour and the group requires additional funding, and according to the BBC was in talks with the CAA overnight around ATOL renewal.
Needless to say, it's Twitter account tweets didn't feel it right to let the customers know this.
When booking your flights on Google, you'll find the Monarch link under the link which says that Monarch denies it's going bust!
Needless to say, it's Twitter account tweets didn't feel it right to let the customers know this.
When booking your flights on Google, you'll find the Monarch link under the link which says that Monarch denies it's going bust!
Join Date: Nov 2002
Location: Abbotsinch,Scotland
Posts: 214
Likes: 0
Received 0 Likes
on
0 Posts
Jerry Scott, a Business Live reader, has landed at Manchester airport on another airline. He says staff on his flight told him:
"Monarch engineers were tipped off at 3pm yesterday and went and got their tools before they were to be impounded. Planes at Manchester and Birmingham on remote stands and watched over by security."
"Monarch engineers were tipped off at 3pm yesterday and went and got their tools before they were to be impounded. Planes at Manchester and Birmingham on remote stands and watched over by security."
Join Date: Oct 2012
Location: Wales
Posts: 20
Likes: 0
Received 0 Likes
on
0 Posts
Saved for another day
As I read the situation it seems Monarch were all set to cease trading after all flights arrived back last night but overnight talks seem to have given a hope of some funding to pay for the ATOL licence hence the flights going ahead today. I hope they succeed as I like flying with them for comfort and one of the best crews around.
Join Date: Sep 2002
Location: London (Babylon-on-Thames)
Age: 42
Posts: 6,168
Likes: 0
Received 0 Likes
on
0 Posts
Winter beckons and confidence in forward bookings died last night. Greybull will likely not see an ROI without ploughing even more in. They don't seem keen IMHO.
I would not book with Monarch going forward for a long time, would you? If they make it to the summer, it would be a huge achievement. There are just safer options that Joe Public knows equally as well for a similar price point.
I would not book with Monarch going forward for a long time, would you? If they make it to the summer, it would be a huge achievement. There are just safer options that Joe Public knows equally as well for a similar price point.
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes
on
0 Posts
Whatever funding it might have required on Friday night will now increase given some customers will hold off booking and suppliers will get more nervous.
This has been badly managed by the company, and the standby flights organising did not take into account plane spotters technology!
This has been badly managed by the company, and the standby flights organising did not take into account plane spotters technology!
Join Date: Oct 2012
Location: Wales
Posts: 20
Likes: 0
Received 0 Likes
on
0 Posts
Very difficult one for the company. Clearly there were / still are problems. Do they deny and hope for a solution (which they did) or do they admit it and commit commercial suicide?
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes
on
0 Posts
I think it's very simple . Put the money in and play ball with the CAA, rather than what seems to have been overnight brinkmanship talks and chat of raising money.
The staff may be fantastic but they have no idea what's really going on, and so why would anyone book a flight with these guys unless it was a lot cheaper .
The staff may be fantastic but they have no idea what's really going on, and so why would anyone book a flight with these guys unless it was a lot cheaper .
Join Date: Feb 2004
Location: Manchester, UK
Age: 50
Posts: 744
Likes: 0
Received 0 Likes
on
0 Posts
Wonder who is footing the bill for all the charters already in place ? The CAA it'll be, bet they are less than pleased and might not react in the same way next time they are given a heads up.
Join Date: Mar 2014
Location: NUTTER IN VECC
Age: 59
Posts: 30
Likes: 0
Received 0 Likes
on
0 Posts
You'd imagine the government is involved in this in some way too. The last thing they'd want is an established airline going down to add to speculation over Brexit and the health of the economy.
Join Date: Nov 2002
Location: Abbotsinch,Scotland
Posts: 214
Likes: 0
Received 0 Likes
on
0 Posts
And this on the Beeb
CAA talks
Monarch Airlines has been in talks with the Civil Aviation Authority overnight.
We do not know exactly why that is the case, but there is considerable discussion on aviation blogs that planes operated by other airlines have been lined up to bring back passengers from holiday destinations this week.
Monarch Airlines has been in talks with the Civil Aviation Authority overnight.
We do not know exactly why that is the case, but there is considerable discussion on aviation blogs that planes operated by other airlines have been lined up to bring back passengers from holiday destinations this week.
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes
on
0 Posts
Not disagreeing wickerbill - it just makes me laugh when monarch's Twitter tweets These are rumours and completely untrue . Yet don't disclose they're in all night talks with CAA, there's charter aircraft on standby across Europe and they're in the midst of an emergency fund raise !!
Join Date: Feb 2004
Location: Manchester, UK
Age: 50
Posts: 744
Likes: 0
Received 0 Likes
on
0 Posts
The 2nd United Jumbo left Chicago for Tenerife, got as far as New York and turned back. I'd still rather pay for these charters to be in position and then unused than pay to use them an MON gone 
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes
on
0 Posts
Could well be government involvement and suggesting very strongly that the CAA don't take a full risk adjusted bonding price for ATOL.
Equally, greybull may know government well following their Tata steel involvement (although ministers have changed).
Equally, greybull may know government well following their Tata steel involvement (although ministers have changed).
Join Date: May 2011
Location: Hampshire
Age: 76
Posts: 821
Likes: 0
Received 0 Likes
on
0 Posts
For what it is worth, a couple of minutes ago Monarch had 28 flights in the air. They were all Monarch aircraft, not chartered etc. Given their fleet numbers 35 aircraft, it looks as if they are operating as one would expect.
Join Date: Sep 2007
Location: Here today, elsewhere tomorrow
Posts: 90
Likes: 0
Received 0 Likes
on
0 Posts
More likely last-minute divine intervention kept Monarch in the air.
