Monarch - 3

[DjerbaDevil]

According to Jethro's there are four B737s leased from four different companies, two of which are based in EMA and two at BHX. The leasing for all four aircraft is reported to be until the end of July 2012, so Monarch should be making some noises very soon of new acquisitions.

[jethro15]

The leasing for all four aircraft is reported to be until the end of July 2012

Leases commence end July for the summer. Awaiting specific dates

[DjerbaDevil]

Thanks for the corrected reading.
It certainly makes more sense but it must be costing a fair amount of money to sustain that sort of leasing for the whole summer. Still, doubtless, Monarch's marketing people would have made appropriate recommendations based on firm sales predictions, that will produce the profits needed.

[renort]

DjerbaDevil

ref your last, I cant tell if you are being ironic or serious, although I know which camp I'm in.

[walterthesofty]

I would love to hear the explanation as to how this ill thought out venture is going to create profit, the costs involved must be horrendous

[pabloc]

Look at the leasing of these aircraft from a different angle! With the airline industry being very quiet,Monarch can 'name thier price'to several potential leasors and get a price that they are only willing to pay!the leasors would do that to show thier bank's that they have money 'coming in' during these tough times...Monarch maybe are in the 'driving seat on this one'!!

[renort]

Pabloc, these are the aviation equivalents of the last turkeys in the shop. Even if they were free, putting new customers on new routes who book Monarch expect Monarch and walk up to a 20+year old european crate is still about as daft as it gets.

[lagerlout]

I couldn't agree with you more, MON spotted an opportunity and are doing a great job of making a pigs ear of it!!

[IB4138]

these are the aviation equivalents of the last turkeys in the shop.

Just a minute!

Monarch's own A300's are over 20 years old and some of the A320's are approaching this vintage.

[Tight Seat]

20+ year old European crates........ Isn't that Jet2s fleet?

So would you lease/buy new aircraft to start a new base ( not to mention crew costs), only to find the market too weak and have to pull out 12 months down the line and then having to find work for said aircraft. Or lease in , test the water and then decide ?

I think the ' family' have it just right, the eggs are nicely placed in different baskets.

[MKY661]

One A320 is being WFU at the summer. However I think its becoming a backup aircraft.

[pabloc]

Dont think joe public could tell the difference between a 737 500 & 737 800 and i'm sure MON line engineers would have a good look at them first? MON saw an opportunity at EMA and got a foot in the door,at least MON are looking at new business and expansion,which we all hope works to bring revenue and job security to the airline......just my thoughts

[Mr @ Spotty M]

Monarch line engineers will have nothing to do with the B737s, unless a contract is drawn up by the airlines that operate them.

[ZeBedie]

renort, what's your beef with Monarch? You seem to have a bit of a chip on your shoulder?

[pabloc]

Thanks :M:,out of interest,if one of the leased aircraft went tech,would they have their own engineers and would they be responsible to find another aircraft?

[Mr @ Spotty M]

They will have to bring there own engineers unless they contract someone else to look after the a/c, could be MAEL in this case.
As for supplying a replacement a/c, this would only be if it was tech long term, not just during the day, this is my opinion only.

[lagerlout]

This forum really is quite funny because people have such blinkered about certain things....

If i was a loyal EMA pax and took the decision to fly MON at the end of the summer for the first time then ended up flying on a an Aurela 733 to Malaga would it dim my opinion of Monarch???

There are no issues with flying older aircraft that have been maintained and refurbished but having had the displeasure of flying in an Aurela 733 before pax will feel like they are in a Alfred Hitchcock film, its terrible. I hope they put a couple of MON crew with the Aurela crews on to facilitate the on board service or that will leave an even worse taste in the mouth.

As for cost, dont let anyone on here try and convince themselves that this isn't go and cost a pretty penny because it will ( despite what is often revered commercial savvy of the airline). But then recent years have proven the Profit doesn't appear to be the a massive motivation for the company.

There is no doubt that this is a massive commercial gamble and could do more to erode what is an by in large an excellent perception of MON than allow them to gain a foothold in new markets? Lets wait and see... it should be an interesting end to the summer.

Good luck

[egnxema]

I also have had the unpleasant experience of booking a THomas Cook flight EMA FUE to later learn it was op'd by Aurelia. The crew were smiley and pleasant but the cabin interior was not.

Monarch are making a false move! Launching new routes from a new base should include a dose of making a good impression, surely?

They won't with those Aurelia shabby sheds!

[partyboy_uk]

Anybody know if the following story refers to a continuing lease?

http://www.marketwatch.com/story/guggenheim-aviation-partners-leases-two-aircrafts-to-monarch-airlines-2012-07-12

[jungle jim]

I think this is Monarch leasing back MA and AN which were apparently sold earlier this year.