Airlines, Airports & Routes Topics about airports, routes and airline business.

Monarch - 3

Old 26th Sep 2016, 10:13
  #3281 (permalink)  
 
Join Date: Aug 2010
Location: London
Posts: 238
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by teamilk&sugar
Monarch said they would continue to operate their flights. They have done.
Why were those aircraft chartered? Who knows.

"Somebody not telling the truth" is misleading in my opinion. Not having all the facts is the issue and that's what causes all the speculation.
Then Monarch need to provide the facts, as you say "not having the facts" is fueling the speculation, Monarch are the only ones able to provide claritity and failure to do so will only relsult in further speculation. Are you seriously telling me they don't know why those flights were chartered? I have spent the last 4 years working for Monarch so am more invested in this than anyone and refuse to take abuse from people. But I have said in previous posts it is far from a stable airline, we have been told constantly this year how bad things have been, further cost cutting, spending freezes, consultants being drafted in, high level managers leaving this 40 million pound profit is completely new news. Unfortunately I do believe there was some level of thruth to these rumours how much, who knows. But having worked for XL in the past and a survivor of Monarch's last bankruptcy I think we need answers and quickly!
Enzo999 is offline  
Old 26th Sep 2016, 10:17
  #3282 (permalink)  
 
Join Date: Dec 2000
Location: Manchester, England
Age: 58
Posts: 892
Likes: 0
Received 0 Likes on 0 Posts
Given that there seems to be clear evidence that the charters that started the rumour mill were booked by the CAA, I would have thought that some responsibility lies with them to clarify matters. If it was nothing to do with Monarch then they should say so and quickly; if it was, but the matter has been resolved, then they should say so jointly with Monarch. Saying nothing just drags the rumour mill on, to the potential detriment of thousands of customers and employees of Monarch.
Curious Pax is offline  
Old 26th Sep 2016, 10:18
  #3283 (permalink)  
 
Join Date: Feb 2001
Location: The Winchester
Posts: 6,539
Received 5 Likes on 5 Posts
Jerry Scott, a Business Live reader, has landed at Manchester airport on another airline. He says staff on his flight told him:
I really hope we're not going to witness the first case of an airline tipped over the edge by a combination of "Galley FM" and social media.......
wiggy is offline  
Old 26th Sep 2016, 10:30
  #3284 (permalink)  
 
Join Date: Mar 2004
Location: W. Midlands
Posts: 371
Likes: 0
Received 0 Likes on 0 Posts
Because the CAA arranged these rescue flights and the info leaked out on social media BEFORE the airline is actually declared bankrupt and could have been given more time, they are now in an even more precarious position?
jon01 is offline  
Old 26th Sep 2016, 10:34
  #3285 (permalink)  
 
Join Date: Jul 2007
Location: No fixed abode
Posts: 786
Likes: 0
Received 0 Likes on 0 Posts
Anybody know how long the ATOL bond of 5mil as stated lasts .Is it 12 months?
Falcon666 is offline  
Old 26th Sep 2016, 10:36
  #3286 (permalink)  
 
Join Date: Feb 2001
Location: Under the clouds now
Age: 86
Posts: 2,492
Received 12 Likes on 10 Posts
I think the relevant bond is ATOL.
brakedwell is offline  
Old 26th Sep 2016, 10:36
  #3287 (permalink)  
 
Join Date: Aug 2009
Location: Qwerty
Posts: 380
Likes: 0
Received 0 Likes on 0 Posts
Ref the UAL flight going to TFS

Yeoman wrote
Only doing 501 kts now. Maybe they've slowed down on company orders because the crisis is abating?
Perhaps this chart might give you a big clue as to why the aircraft's ground speed has reduced.

Jetstream Forecast - Jetstream Map Updated Four Times Daily - Netweather.tv
Council Van is offline  
Old 26th Sep 2016, 10:37
  #3288 (permalink)  
 
Join Date: Jul 2007
Location: No fixed abode
Posts: 786
Likes: 0
Received 0 Likes on 0 Posts
Yeah sorry just changed it!
Falcon666 is offline  
Old 26th Sep 2016, 10:51
  #3289 (permalink)  
 
Join Date: Mar 1999
Location: uk
Posts: 549
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Council Van
Ref the UAL flight going to TFS

Yeoman wrote


Perhaps this chart might give you a big clue as to why the aircraft's ground speed has reduced.

Jetstream Forecast - Jetstream Map Updated Four Times Daily - Netweather.tv
"Sarcasm". Google is your friend.

Did you read the rest of my post?

Thanks for illustrating my point though.
yeoman is offline  
Old 26th Sep 2016, 10:51
  #3290 (permalink)  
 
Join Date: Mar 2004
Location: UK
Posts: 152
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Falcon666
Yeah sorry just changed it!
It lasts for 12 months, this one expires on September 30th. Renewal looks a fairly expensive task too! Based on your financial performance and financial reserves you pay an application fee aswell as a cost per passenger you predict carrying over the next year.
bjones4 is offline  
Old 26th Sep 2016, 10:53
  #3291 (permalink)  
 
Join Date: Nov 2014
Location: six micro tesla zone
Age: 32
Posts: 416
Likes: 0
Received 0 Likes on 0 Posts
Goodness, a/c reduces speed by 5kts and it's a controversy. Can't seem to find UA744 on flight radar, though it says delayed on TFS arrivals board. Maybe crew had ACARS update to switch off xponder before pprune talks monarch into the financial grave..... joking btw for those who can't tell.

As far as I'm aware flightradar is probably not accurate to within +/- 5kts.

All the best to the workers at MON!
MaverickPrime is offline  
Old 26th Sep 2016, 11:20
  #3292 (permalink)  
 
Join Date: Jan 2011
Location: UK
Posts: 61
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by yeoman
Thanks for illustrating my point though.
Sadly I think it has been lost on most, such is the apperrent level of dopeyness on this thread. You illustrate the point very well.

It astounds me that people have nothing better to do other than cast doom and gloom on Internet forums based on quarter-truths and bizzare speculation.
Occams Razor is offline  
Old 26th Sep 2016, 11:49
  #3293 (permalink)  
 
Join Date: Jun 2013
Location: England
Posts: 265
Likes: 0
Received 0 Likes on 0 Posts
I'm still confused as to where these rumours started from.
LadyL2013 is offline  
Old 26th Sep 2016, 11:55
  #3294 (permalink)  
 
Join Date: Jan 2013
Location: Anywhere
Posts: 79
Likes: 0
Received 0 Likes on 0 Posts
Guys wake up to the reality that we are discussing a company that is owned by a brutul vulture capitalist that has a history of buying basket cases and then putting them into administration. They did it with the old Morrison's My Local stores only a few months ago. Loss against profit = less tax. This combined with Monarch needing an urgent cash injection, Winter coming, oil price rising, a stupid nonsensical and expensive decision to change fleet and the charter flights points to one thing. Monarch is on the brink. All the best.
MonarchOrBust is offline  
Old 26th Sep 2016, 12:07
  #3295 (permalink)  
 
Join Date: Jun 1999
Location: world
Posts: 3,424
Likes: 0
Received 0 Likes on 0 Posts
Why this parallel thread? Let's keep the discussion in one thread please!
Hotel Tango is offline  
Old 26th Sep 2016, 12:14
  #3296 (permalink)  
 
Join Date: Nov 2008
Location: lincs
Posts: 35
Likes: 0
Received 0 Likes on 0 Posts
Usually when an airline bites the dust, the first people to know (and take actions), are often the fuel companies and airports, (for non-payment of fees). So clearly no problem there... it seems like Greybull have decided this is just a good time for them to exit!
galaxy68 is offline  
Old 26th Sep 2016, 12:32
  #3297 (permalink)  
 
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes on 0 Posts
Monarch will not go bust today so this talk about charter aircraft is irrelevant.

What this does show however is an airline in crisis, with its backer Greybull not willing to stand behind it until the issue makes the BBC news. And even then, they still don't appear to have committed hard notes.

Monarch now has to answer the question of why book flights with us, when there's a greater risk of us going bust.
FANS is offline  
Old 26th Sep 2016, 12:35
  #3298 (permalink)  
 
Join Date: Jan 2000
Posts: 639
Likes: 0
Received 0 Likes on 0 Posts
Why would you book a flight with Monarch now unless it's dirt cheap and you enjoy gambling?
FANS is offline  
Old 26th Sep 2016, 12:37
  #3299 (permalink)  
 
Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
Posts: 5,034
Likes: 0
Received 0 Likes on 0 Posts
Maybe Monach has been saved by the opening of the Chinese banks overnight (UK time)? Hanian were rumoured to have been in negotiations and maybe these went to the 'wire' overnight?
Buster the Bear is offline  
Old 26th Sep 2016, 12:38
  #3300 (permalink)  
 
Join Date: Mar 2003
Location: Europe
Posts: 2,174
Likes: 0
Received 0 Likes on 0 Posts
FlightRadar only shows MON aircraft heading north to the UK, not a single southbound flight showing on FR24 at the moment. Is that in line with the regular schedule for a monday early afternoon?
virginblue is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.