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Monarch - 3

Old 13th Aug 2017, 10:34
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It's interesting to compare Monarch with Jet2. Monarch came from charter, and have gradually morphed in to a completely scheduled carrier. Arranging full holidays are an afterthought, but nevertheless important. Cosmos uses other airlines when necessary to sell its holidays (but I'm not sure whether Cosmos joined Greybull when Monarch did).
Jet2 on the other hand, started as a loco and has moved in to holidays in a pretty big way. Their expansion into BHX and STN this year is heavily holiday-orientated and they are directly targeting Thomson and Thomas Cook.
Of the two, I suspect Jet2 is performing better financially.
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Old 13th Aug 2017, 12:36
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Originally Posted by Mr @ Spotty M
I can assure you they are not returning any of the Airbuses early.
Interesting! I'm now struggling to think of where the accounting adjustment could have come from! The obvious answer would be past incorrect treatment, but obviously I'm sure it couldn't be that.
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Old 13th Aug 2017, 14:07
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Following on from what OltonPete said, maybe their problems are due to be independent and maybe working with other airlines may help them... for instance - partnering with flybe in the regions so the right size aircraft is operating the correct route (specifically thinking Birmingham and Manchester). Could partner with Norwegian at Gatwick (same terminal unlike easyJet) to provide feed, freeing up slots for Norwegian to operate long haul - take over the Canaries, Barcelona, Alicante etc - leaving LH and Scandi to Norwegian, along with additional cities routes... could also provide assistance with the 73 MAX's.

Maybe partnerships are the way forward, instead of trying to be a wannabe TUI/Thomas Cook?
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Old 13th Aug 2017, 16:36
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I would imagine greybull must be getting pretty desperate to move this "investment" on.....Surely this was never in the plan
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Old 13th Aug 2017, 17:01
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They are making lots of cash from it , even more when they lease the boeings
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Old 13th Aug 2017, 17:31
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A bit like the previous owners then....
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Old 13th Aug 2017, 18:09
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Monarch are my airline of choice from BHX ,although on my one flight to date on Jet2 I was mighty impressed with new aircraft and sparkling ground and cabin staff.
Having a premium leg room cabin appeals to pax who prefer paying 15 for these rather than the same for wing exit seats on FR and find the trolley has run out of f&b when it gets to you! And the 23k luggage is the best in class.
I have never found Monarch attracts the vest/tattoo/piercing groups that other LCC experience and they are seldom in the press for pax problems.
That is why to many "more mature travellers"it is their airline of choice.
A poll of 10 pals at the gym,average age 55, 80% use Monarch as their first choice unless the flight times are cr&p then they use Jet2 or Ryanair/FlybeVueling)
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Old 13th Aug 2017, 18:10
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Originally Posted by Brigantee
A bit like the previous owners then....
You and some others have a history of "watching" Monarch, God only knows why? Despite the fact you have backtracked a few times, you have a propensity to pass snide comment when the opportunity arises! If you are in receipt of the facts, rather than your opinion, pray tell and also tell us who you are, so we can all check your credentials!
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Old 13th Aug 2017, 19:36
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I believe HNA are still interested in the investing in Monarch that would be a great outcome, Monarch with its well respected engineering division

would fit well into the HNA group
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Old 13th Aug 2017, 19:44
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That's exactly what MON need, A investor with deep pockets and a long term plan to grow the business , No reason why MON could not move into lo cost long haul they certainly have the experience and back up
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Old 13th Aug 2017, 22:50
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I assume they are waiting for post Brexit to see what kind of trade deals they can muster
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Old 14th Aug 2017, 00:34
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and they are seldom in the press for pax problems.
Perhaps they keep quiet about adverse publicity. Granddaughters return flight from Malaga to Manchester last week was delayed over 2 hours due to having to offload six unruly passengers from the outbound flight (according to the captains apology for the delay).
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Old 14th Aug 2017, 02:18
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In this day and age ...Yeah right , One thing you can say about MON compared to say Jet 2 for example who without doubt are the pikeys airline of choice is they seem to attract a more upmarket type of customer
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Old 14th Aug 2017, 13:07
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Depends if "adverse" publicity for instances such as drunks being offloaded/arrested is intentional in order to send a message that getting tanked up before or during a flight and then behaving badly/unruly is not going to be tolerated and they too could end up with a bill like that bloke who caused a Jet2 flight to divert last year for his drunken antics?
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Old 14th Aug 2017, 15:58
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With suggestions that Monarch will not being retiring/disposing of any of their Airbus fleet anytime soon (the next few seasons at least) and with 3x 737Maxs coming online in Q2 of 2018, it will be interesting to see what Monarchs schedule is like for summer 2018.

Yes there will be staff training requirements but otherwise I would imagine they will go into service ASAP... its not very efficient having brand new jets on the ground doing nothing.

I'm lead to believe that BHX will be the initial beneficiary of the 737Max's (although I have no evidence to back this up - happy to be proven wrong)...but wherever they go, if the Airbus's aren't going anywhere quick, will inherently mean Base Growth at either LGW, MAN, BHX, LTN or LBA.....?

As a brummie, im intrigued to know how they will respond to the extra 2x A/C Jet2 will be putting into BHX....
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Old 14th Aug 2017, 16:31
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Jethro's Site says that Airbus Aircraft will be returning to their lessors from next year. Not sure which ones though.
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Old 14th Aug 2017, 17:30
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Did I read the published figures correctly, a 291m loss on 558m revenue?
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Old 14th Aug 2017, 17:34
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Yes you did. Better hope they are making some good money this Summer as I really can't see Greybull stumping up for another bailout.
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Old 14th Aug 2017, 18:43
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You did, but a huge amount of that was an accounting adjustment in relation to the Airbus leases. Other than that they weren't doing so badly.
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Old 14th Aug 2017, 18:53
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Could they setup a new base? Glasgow Newcastle Southampton Cardiff and Bristol could potential options for them.
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