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Monarch 4

Old 2nd Oct 2017, 07:45
  #601 (permalink)  
 
Join Date: Oct 2000
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O'Leary wouldn't pay for the 737 rating that many would need.

I think there are enough 320 and 330 positions out there to shelter our friends before that most final of last resorts would have to be considered.
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Old 2nd Oct 2017, 07:48
  #602 (permalink)  
 
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Quite agree Navpi, the CAA website could not be clearer giving details of all flights etc. Just to add my deepest sympathies to all the staff at Monarch, a very sad day indeed as I go back to the Bristol Britannia days, good luck to everybody.
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Old 2nd Oct 2017, 07:49
  #603 (permalink)  
 
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Easy, BA, Wizz (who have a new base at Luton), some charter carriers, EU carriers, etc.

I'm hopeful that everyone will be able to find another job quickly, especially with the crew shortages still in some airlines due to EASA regs.
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Old 2nd Oct 2017, 07:53
  #604 (permalink)  
 
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UK CAA quick to threaten Ryanair but not so quick to help a home based airline.
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Old 2nd Oct 2017, 07:53
  #605 (permalink)  
 
Join Date: Jan 1999
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Best wishes to all the Monarch crew affected by this terrible news, I sincerely hope all will affected be able to find suitable decent alternative employment very quickly.
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Old 2nd Oct 2017, 07:58
  #606 (permalink)  
 
Join Date: Sep 2007
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So sad, and so stressful for all the staff. A once proud Monarch joins the likes of Air Europe, Court Line, Laker and Channel Airways as only memories. I always enjoyed my flights on Monarch and I'm really sad to see them go. Terrorism in Turkey, Tunisia and Egypt and the national self-harming of Brexit creating a low have contributed to this sad day. Good luck to all involved.
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Old 2nd Oct 2017, 08:01
  #607 (permalink)  
 
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Looks like the Pension Protection Fund (PPF) owned 10% of Monarch.
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Old 2nd Oct 2017, 08:02
  #608 (permalink)  
 
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Originally Posted by dc9-32 View Post
UK CAA quick to threaten Ryanair but not so quick to help a home based airline.
They can't be faulted for *lack* of patience with Monarch.

They were right, and even Monarch aren't saying they weren't. This show couldn't have lasted another year; there would have been a disorganised collapse at some random time.

It's sad nobody wanted to buy it. I'm wondering if something awful has been done to its assets (borrowing secured against slots or something like that), or if the industry really is in a *terrible* mess.
01475 is online now  
Old 2nd Oct 2017, 08:05
  #609 (permalink)  
 
Join Date: Jul 2004
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This is indeed a sad day on many levels. The best of British luck to all, however the loss of Monarch Airlines affects you.
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Old 2nd Oct 2017, 08:15
  #610 (permalink)  
 
Join Date: Oct 2004
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Unlike many other countries, the UK does not offer a viable insolvency track for airlines to keep operating during administration and so we were forced to cease operations.
A telling line from Swaffield's very sad communication.

Compare and contrast with the orderly close down of Air Berlin, where the rules are clearly very different.

However ARD are reporting that 100,000 passengers on Air Berlin long haul flights, booked before 15th August (the date of AB's insolvency) will possibly lose their money,and become unsecured creditors of the airline after the sales of the various bits has gone through.

I feel sure that in the wake of the demise of Monarch, HMG will take a knee-jerk response, and insist that all airlines carrying passenger who buy tickets in UK are bonded in a similar way to that which IT PAX are through the ATOL. Whether that is a) workable, and b) desirable I don't know.
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Old 2nd Oct 2017, 08:23
  #611 (permalink)  
 
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Very sad news, ATB to Monarch crews at this difficult time

Opportune time to look at the system which leaves flight crew pretty much last in line to get what they're owed. Perhaps worth examining the maritime industry where ships may be seized or even sold if crew are left unpaid.

PS. "...Crew shortage due EASA regs" Really? I think what you actually mean is non-investment in training and rock-bottom conditions.
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Old 2nd Oct 2017, 08:24
  #612 (permalink)  

I Have Control
 
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The usual claptrap from BBC, Sky, ITN, et al. The issue for them is NOT lost jobs, perhaps 2100 directly, plus many in former suppliers of Monarch.

No, for the media, especially the taxpayer-funded Beeb, the issue is inconvenienced pax and lost holidays. Those are not tragedies, lost jobs are.

I write from experience, having lost flying jobs twice in the last 20 years. Job loss is a catastrophe for workers and their families, no exceptions.
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Old 2nd Oct 2017, 08:26
  #613 (permalink)  
 
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Thank goodness the CAA put all these repatriation flts together.Thirty planes to be used for over 700 flats over 2 weeks.
nigel osborne is offline  
Old 2nd Oct 2017, 08:31
  #614 (permalink)  
 
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Or, to look at it from another angle: There's tens of thousands of passenegrs left in the lurch by Monarch going belly up. That makes up a substantially higher proportion of a media organisation's audience than those directly employed by Monarch. However sad this is for the employees, the media is - quite rightly - focusing on a larger issue, IMO.
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Old 2nd Oct 2017, 08:33
  #615 (permalink)  
 
Join Date: Jul 2009
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Says Mr Swaffield:

The root cause is the closure, due to terrorism, of Sharm-El- Sheikh and Tunisia and the decimation of Turkey.
No, those are contributory events. The root cause appears to have been an airline without direction 'led' by management too slow or indifferent to react to a changing market.
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Old 2nd Oct 2017, 08:45
  #616 (permalink)  

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Great if you live in the UK and are abroad at the moment, for the CAA to be getting you home at no cost. However, if you are a UK ex-pat presently in the UK with a flight back to your home EU country this/next week, they have done nothing to assist, even though they will have aircraft operating outbound legs from the UK empty for repatriation flights. They have no advice to give, if you ring them. Basically if you are an expat British citizen trying to get home, you are on your own. Double standards.
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Old 2nd Oct 2017, 08:47
  #617 (permalink)  
 
Join Date: Oct 2004
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There are so many potential factors such as:-

The geopolitical situation in the Middle East, the fall in the value of sterling principally precipitated by the Brexit vote, and too many seats seeking too few passengers - probably also because there is a finite amount of accommodation in the Med. resorts, that means that there is an imbalance between seats available and beds.

Aside of that there always the potential for allegations of poor management, and there will undoubtedly be severe criticism of Greybull Capital who will again not come out of this smelling of roses - they do have previous in other sectors.

How much of the slack (if slack there is) will be taken up is questionable. The industry might be better restricting capacity and raising yields, but there's always one that will break (unofficial) ranks and I suspect one or the other company will use Monarch's demise as an opportunity to buy market share.
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Old 2nd Oct 2017, 08:50
  #618 (permalink)  
 
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That's because your nothing to do with the ATOL scheme.

If you didn't take out travel insurance its your own problem.
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Old 2nd Oct 2017, 08:50
  #619 (permalink)  
 
Join Date: Oct 2004
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Originally Posted by IB4138 View Post
Great if you live in the UK and are abroad at the moment, for the CAA to be getting you home at no cost. However, if you are a UK ex-pat presently in the UK with a flight back to your home EU country this/next week, they have done nothing to assist, even though they will have aircraft operating outbound legs from the UK empty for repatriation flights. They have no advice to give, if you ring them. Basically if you are an expat British citizen trying to get home, you are on your own. Double standards.
If you book an air ticket, outside of a package then that is always going to be the situation. What I don't readily understand is why the CAA is apparently repatriating Brits. whether or not they are covered by an ATOL booking, and as you say, if they are doing that, why the shadow airline can't sell vacant seat to these expats wanting to return.

I guess the reason for looking after all Brits coming home is political; especially as the collapse has happened coincidentally with the governing party's annual conference.
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Old 2nd Oct 2017, 08:51
  #620 (permalink)  
 
Join Date: Jul 2006
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Planning for these rescue flights began on Thursday and Friday with the pieces of the jigsaw puzzle for repatriating everyone being placed over the last few days and will continue to do so in the coming days for flights over the next two weeks. It’s no coincidence that the very informative monarch.caa.co.uk website has taken sometime to be put together and is not just a last minute statement on a web page. It, like the airlift has been built up over the last few days. Only after 21:00 last night were plans allowed to be broadcast to wider airline staff involved in these as CAA has confidentiality clauses in place in case things could be salvaged at the last minute like this time last year. Sadly there was no last minute rescue and here we are today hoping that staff find new jobs quickly and as many customers are able to salvage their holidays as possible.
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