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Monarch - 3

Old 16th Sep 2017, 10:54
  #4321 (permalink)  
 
Join Date: Mar 2007
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Originally Posted by lagerlout View Post
As much chance of Monarch operating there on the MAXs as there will be a non eventful ATOL renewal.
The ATOL renewal will be purely for the holidays sold not on tickets.
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Old 16th Sep 2017, 11:15
  #4322 (permalink)  
 
Join Date: Feb 2001
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Monarch have "survived" in this industry for approaching 50 years. That doesn't happen unless you are doing something right! Dozens and dozens of other carriers in the UK have come and gone in that time! Somebody in the business knows how to "hang on in there"! Some might call it luck rather than judgement but the bottom line is, somehow they are still here! With major wobbles in both 2014 and 2016 nobody either in the airline or outside has a crystal ball to predict the future. My own view is that owners Greybull aren't in the business to make just pennies. They want a very big return on turning the business around. Can they do it as a stand alone operator or will they sell to the highest bidder in an ever congested market where airports are rapidly filling up? We can speculate as much as we like about that, but right now they are still in business, taking delivery of 45 Boeing 737 MAX aircraft over the next five years and that is it! Speculate all you like, however what you might be thinking compared to what Greybull are planning are two completely separate issues. Personally I have my own thoughts but there is no point in any further speculative nonsense is there? Let's concentrate perhaps on the fact that they are "one of the survivors" of an industry littered with failures since the 1960s and celebrate that success during their 50th Anniversary next year and perhaps hope that they'll successfully steer a safe and profitable path through the next 50 years! Who knows? How many other major UK carriers can you name that are still in business trading under their original name after so long? Other than Monarch I'm struggling to think of any - and that's a fact! OK I might just accept Aurigny or Loganair!

Last edited by mrshubigbus; 16th Sep 2017 at 11:28.
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Old 16th Sep 2017, 11:55
  #4323 (permalink)  
 
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Quite easy to keep a business going when for the vast majority of the time a profit wasn't a pre requisite. Time for a new Monarch to stand on its own and exist as a going concern rather than at the behest of rich benefactors.
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Old 16th Sep 2017, 12:13
  #4324 (permalink)  
 
Join Date: Mar 2017
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Still dirty money behind the scenes so I'm quietly optimistic
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Old 17th Sep 2017, 09:29
  #4325 (permalink)  
 
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what a load of nonsense about 737max being used for OM long haul -

I agree the max8 has long legs but the 9 trades range as usual for payload unless an extra aux fuel tank is fitted - likewise with max10

i cannot foresee any L/H markets that OM would want to place their rather fragile eggs on
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Old 17th Sep 2017, 14:06
  #4326 (permalink)  
 
Join Date: Nov 2006
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Originally Posted by Snapper5 View Post
Still dirty money behind the scenes so I'm quietly optimistic
You seem obsessed with 'dirty money' behind the scenes stuff as in your post 4097!

What's going on in your mind that compels you to continually mentioning this sort of statement?
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Old 17th Sep 2017, 16:24
  #4327 (permalink)  
 
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money obtained unlawfully or immorally.
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Old 17th Sep 2017, 17:32
  #4328 (permalink)  
 
Join Date: Aug 2016
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Presumably you mean tax avoidance, tax evasion, or money laundering. Core business for the 'Wealth Management' business in the City.
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Old 17th Sep 2017, 17:41
  #4329 (permalink)  
 
Join Date: Mar 2017
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Can't think of any other reasons why Greybull would buy Monarch when it was on the rocks , Boeings ? Partnership with Boeing itself ?
Heard they were thinking of biding for Alitalia engineering ?

Ain't pocket change
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Old 17th Sep 2017, 20:26
  #4330 (permalink)  
 
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Originally Posted by Snapper5 View Post
Can't think of any other reasons why Greybull would buy Monarch when it was on the rocks
Their venture capitalists it's what they do....
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