Monarch - 3
Join Date: Dec 2001
Location: Beds
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I never worked for the Spotty M but did work for Airtours International in the early days of ETOPS when Monarch did our training. I remember a damned good British airline with very high operating standards.
Very glad to hear that have a secure future.
Very glad to hear that have a secure future.
Join Date: Jul 2003
Location: On the road
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MonarchOrBust...the 787s were very late in being delivered. Remember that Monarch ordered for delivery in 2010 and cancelled the order at the end of 2011. The 737 orders weren't until Oct 2014...just a few facts amongst the bullsh*t 
Join Date: Apr 2011
Location: Lancashire
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So you are saying that a nearly two year delay in the delivery of your order doesn't earn you some financial penalty/goodwill from the manufacturer?
Join Date: Aug 2014
Location: BHX
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Given that some seem to consider monarch a basket case , Whats the view on the fact (if its true ) that a hugely successful group such as HNA are willing to invest in them ?
Whats in it for them ? Im no expert on the aviation business so forgive me if im missing the obvious.
Whats in it for them ? Im no expert on the aviation business so forgive me if im missing the obvious.
Join Date: Jan 2007
Location: solihull West Midlands
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Bringantee
The investor is supposedly the Chinese said the previous Monarch CEO on TV the other day so probably is the HNA group.
Like you I am at a loss to think why HNA would want to invest in an airline abroad with just 30 short haul planes which has had 3 bail outs in less than 3 years.
If the announcement is that they are buying the planes and carrying on the Monarch model, then how does this turn out well.
They are just throwing money at exactly the same business model that has required 3 bailouts in less than 3 years.
We also have toalso factor in Jet 2. From next spring they bring 4 based planes to BHX and 6 to Stansted. That will eat further into the Monarch flights to many Med destinations in these areas for the first time.
So even more challenging.
I am hoping we can move out of this Stepford Wives weirdness and see some realism from the airline and investors.
Surely there will have to be a big change..a merger/ buy out otherwise what has changed its the same business model, and in 12 months time they will probably have the begging bowl out for yet another bail out.
Is this scenario not similar to Ehihad investing heavily in Air Berlin.That has failed so badly LH have had to step in and drastic cuts are planned for Air Berlin.
If anyone on here can explain how the likely current plan to buy more planes and carry on with the same business model if that is the plan,is going to work.
With the added issues of rising fuel and Jet 2 stepping into there markets far more in Birmingham and SE is going to transform Monarch fortunes please explain ?
The investor is supposedly the Chinese said the previous Monarch CEO on TV the other day so probably is the HNA group.
Like you I am at a loss to think why HNA would want to invest in an airline abroad with just 30 short haul planes which has had 3 bail outs in less than 3 years.
If the announcement is that they are buying the planes and carrying on the Monarch model, then how does this turn out well.
They are just throwing money at exactly the same business model that has required 3 bailouts in less than 3 years.
We also have toalso factor in Jet 2. From next spring they bring 4 based planes to BHX and 6 to Stansted. That will eat further into the Monarch flights to many Med destinations in these areas for the first time.
So even more challenging.
I am hoping we can move out of this Stepford Wives weirdness and see some realism from the airline and investors.
Surely there will have to be a big change..a merger/ buy out otherwise what has changed its the same business model, and in 12 months time they will probably have the begging bowl out for yet another bail out.
Is this scenario not similar to Ehihad investing heavily in Air Berlin.That has failed so badly LH have had to step in and drastic cuts are planned for Air Berlin.
If anyone on here can explain how the likely current plan to buy more planes and carry on with the same business model if that is the plan,is going to work.
With the added issues of rising fuel and Jet 2 stepping into there markets far more in Birmingham and SE is going to transform Monarch fortunes please explain ?
Join Date: Oct 2008
Location: UK
Age: 43
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If it is the HNA Group, expect changes to the Monarch business model. I'm not sure why some here keep banging on about what the investors see in Monarch. They obviously see some potential and perhaps expansion opportunity that most here have no clue about. Sadly it doesn't stop some folk mouthing off like they know stuff when in reality they don't!
I have good connections at Monarch but don't work there. The previous Swiss Italian owners were very shrewd business people. They were not billionaires for nothing and played the system to their advantage. I don't think they really cared about Monarch, it served a purpose which run its course by 2014. Greybull were never long term investors and will almost certainly make a profit on their "£125 million" cash injection. There have been problems with certain Monarch management decisions but that applies to many companies in the UK. Not excusing it but it happens. I really do think there'll be changes to the modus operandi of the company. Time will reveal all.
I have good connections at Monarch but don't work there. The previous Swiss Italian owners were very shrewd business people. They were not billionaires for nothing and played the system to their advantage. I don't think they really cared about Monarch, it served a purpose which run its course by 2014. Greybull were never long term investors and will almost certainly make a profit on their "£125 million" cash injection. There have been problems with certain Monarch management decisions but that applies to many companies in the UK. Not excusing it but it happens. I really do think there'll be changes to the modus operandi of the company. Time will reveal all.
Join Date: Aug 2014
Location: BHX
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I think monarchs a great airline and i wish them the very best , However my question was really what plans HNA may have for them , Maybe as they already own most of SR technics and other maintenance outfits the engineering side must be attractive as its very highly regarded and profitable i believe, so you can see oppotunities there to expand the business, but what about the flying side of things ?
Join Date: Aug 2012
Location: Uk
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One thing invaluable to MON will be the goodwill value of the brand. Ok its had some negative press the last few weeks but its recognised all over England and has a presence north to south. With the right management and strategy it will flourish. Its just a shame greybull haven't got a clue. MON has a huge amount of loyal customers that will stick with them as long as they exist, hence why the goodwill value of the brand will be so high
Join Date: Aug 2014
Location: BHX
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Sadly yes flown with them twice and both times had the misfotune to be seated in close proximity to large drunken groups of pikeys ...Im sure monarch also has problems with louts but ive never personally encountered that sort of behavour with them