Wikiposts
Search
Airlines, Airports & Routes Topics about airports, routes and airline business.

Monarch 4

Thread Tools
 
Search this Thread
 
Old 1st Oct 2017, 10:54
  #301 (permalink)  
 
Join Date: Mar 2009
Location: Button Moon
Posts: 314
Likes: 0
Received 0 Likes on 0 Posts
Putting the customers and company nostalgia to oneside, I feel bloody sorry for those at the coal face who, yet again, are wondering if they'll have a job and a pension at Christmas.

Someone needs to step in and take over. Whoever it maybe, let's hope for a positive outcome which has some chance of longevity rather than this annual circus. Thoughts and best wishes to those on the coal face at MON.
2 Whites 2 Reds is offline  
Old 1st Oct 2017, 11:00
  #302 (permalink)  
Gender Faculty Specialist
 
Join Date: Mar 2002
Location: Stop being so stupid, it's Sean's turn
Posts: 1,885
Received 5 Likes on 4 Posts
You mean someone like yet another turnaround specialist?
Chesty Morgan is online now  
Old 1st Oct 2017, 11:12
  #303 (permalink)  
 
Join Date: Jul 2006
Location: STANSTED & MANCHESTER
Posts: 1,893
Likes: 0
Received 0 Likes on 0 Posts
If the flight only part of Monarch was to continue after the loss of the ATOL why would there be a need for repatriation flights from other airlines for the holiday arm of the company surly if the airline was to continue to operate as normally the holiday customers would just return as normal on Monarch flights so to me the loss of the ATOL would mean an end to Monarch in all sectors but this is just my opinion.
daz211 is offline  
Old 1st Oct 2017, 11:31
  #304 (permalink)  
 
Join Date: Jun 2005
Location: London, UK
Posts: 197
Likes: 0
Received 0 Likes on 0 Posts
To be fair to Mike-Bracknell, it is the Sunday Times front page using the word "collapse" in its headline (one of no less than three articles it carries on Monarch today another of which fronts its Business section).

The Times and Sunday Times appear to be revelling at the prospect of 2,700 people losing their jobs and pensions and enjoying worrying "100,000" people that they will lose their flights or money.

The midnight edition of the ST last night even had a cartoon making a joke of the situation depicting a passenger having a conversation with a member of Monarch staff at the check-in. Looks like this has now been pulled by a morning editor.

The Times and Sunday Times appear to be doing all they can to expedite the airline's demise.
Rushed Approach is offline  
Old 1st Oct 2017, 11:33
  #305 (permalink)  
 
Join Date: Apr 2010
Location: London
Posts: 7,072
Likes: 0
Received 0 Likes on 0 Posts
No - they're reporting the facts. Are they supposed to keep quiet and let people continue to book flights with an airline who are clearly in trouble AGAIN?

lets face it airlines like BA, Easyjet and Ryanair don't lurch from crisis to crisis every 12 months.

There is clearly something horribly wrong with the business model at Monarch and their need for annual corrective action just shows how bad it must be

It's very hard on the employees but it's the owners and management who are to blame not the press
Heathrow Harry is offline  
Old 1st Oct 2017, 11:41
  #306 (permalink)  
 
Join Date: Mar 2009
Location: Button Moon
Posts: 314
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Chesty Morgan
You mean someone like yet another turnaround specialist?
A company that's going from one crisis to another doesn't need another turnaround specialist. It's clearly a basket case and needs to be swallowed by another airline.

Very sad but surely that's the best thing all round at this point, not only for the customers but the employees as well. Someone needs to steady the ship and give stability to the business and it's employees going forward. I couldn't imagine anything worse than having this hanging over you every year.
2 Whites 2 Reds is offline  
Old 1st Oct 2017, 11:47
  #307 (permalink)  
 
Join Date: Aug 2007
Location: Cardiff
Posts: 617
Likes: 0
Received 0 Likes on 0 Posts
You are looking at this the wrong way round. The delay in the ATOL is not putting the airline at risk, rather the delay in the ATOL is a symptom of the airline about to collapse.
runway30 is offline  
Old 1st Oct 2017, 11:55
  #308 (permalink)  
 
Join Date: Aug 2008
Location: bishops stortford herts
Posts: 0
Likes: 0
Received 0 Likes on 0 Posts
Reading between the lines but trying not to be to downbeat it may be safe to think the CAA may expect & coupled with the reasoning above that even if they wished too the airline would be unable to fly normal services...so a straight sub of the flight regardless of who`s covered by what is more straightforward & work out costings later..Approx 20,000 citizens stranded overseas is a big deal as I state again..The CAA of course have the authority to withdraw AOC`s too if there is any financial doubt about a UK airline..
southside bobby is offline  
Old 1st Oct 2017, 12:01
  #309 (permalink)  
 
Join Date: Apr 2004
Location: -
Posts: 747
Likes: 0
Received 0 Likes on 0 Posts
Ohhh dear what a mess, this is...

Total PR disaster for the airline, as it was this time last year!

The poor staff, being left hanging by a thread for the infinite time. Passengers who've worked hard all year for a holiday, wanting to know where they stand.

The big cheese at Monarch has so much to answer for, how were they allowed to let this happen last year and now again this year! At the end of the day the buck has to stop with the CEO.

He has failed to direct the airline and seems to change direction on what way they go more times than the wind. Also all these cash injections from investors, Im sure they want to know where their money has gone and why there are no returns!

They tried to bathe in this era, trying to convince passengers they offered good old fashioned customer service, when they were no different to other LCC.

I never understood these oddball flights this year to the likes of Stockholm and Zagreb, not exactly the biggest tourist destinations and not frequent enough for business travellers. The announcement of going long haul a few weeks ago was ridiculous, and is the next bloodbath waiting to happen.

They probably arrogantly thought they could complete a deal with a rival airline to merge or take over the short haul ops over the last two weeks, and the ATOL issue would have gone away. It clearly seems to be no airline wants to touch them in their current form, I suspect the Boeing order is a poison chalis and hence why we have heard nothing from the likes of easyJet, Norwegian, Wizz and Jet2 in taking them over, as they already have large orders for new aircraft and don't need more... These airlines are probably circling like vultures and waiting for the airline to drop down and will cherry pick the bits they want.

Even if the airline survives, certain individuals should be put up in-front of the Parliamentary Select Committee like the BHS staff, to explain how the airline is in this positiion again, where is all the money going, and made to reflect how this effects individuals like staff and passengers, which the airline seems to have no regard for.

Last edited by gilesdavies; 1st Oct 2017 at 12:28.
gilesdavies is offline  
Old 1st Oct 2017, 12:14
  #310 (permalink)  
 
Join Date: Aug 2004
Location: Hemel Hempstead
Posts: 1,092
Likes: 0
Received 0 Likes on 0 Posts
Giles - you are absolutely right there. Buck stops with the CEO.
toledoashley is offline  
Old 1st Oct 2017, 12:42
  #311 (permalink)  
Resident insomniac
 
Join Date: Aug 2005
Location: N54 58 34 W02 01 21
Age: 79
Posts: 1,873
Likes: 0
Received 1 Like on 1 Post
https://en.wikipedia.org/wiki/Monarc...usiness_trends
G-CPTN is offline  
Old 1st Oct 2017, 12:46
  #312 (permalink)  
 
Join Date: May 2002
Location: UK
Posts: 75
Likes: 0
Received 0 Likes on 0 Posts
And his half million price tag salary!
Aircart is offline  
Old 1st Oct 2017, 13:09
  #313 (permalink)  
 
Join Date: Jun 2007
Location: UK
Posts: 321
Likes: 0
Received 0 Likes on 0 Posts
I think the issue is far wider & larger than a £0.5m CEO salary. I wish all the hard working staff all the very best.
Reversethrustset is offline  
Old 1st Oct 2017, 13:14
  #314 (permalink)  
 
Join Date: May 2002
Location: UK
Posts: 75
Likes: 0
Received 0 Likes on 0 Posts
It certainly is, I agree but I was just adding to Giles comment. It's a lot of money if the result is closure. He has a lot to answer.
I have lost faith in AS at the moment.
Thank you btw
Aircart is offline  
Old 1st Oct 2017, 13:17
  #315 (permalink)  
 
Join Date: Feb 2000
Location: England
Posts: 14,971
Received 122 Likes on 58 Posts
I note Monarch are currently charging £252 one way for BHX BCN next Tuesday.

They've quadrupled their prices to deter anyone from booking? Or is it that nobody is booking and so they may as well get silly money out of the few idiot consumers who do?

Either way, desperate measures.
Wee Weasley Welshman is offline  
Old 1st Oct 2017, 13:21
  #316 (permalink)  
 
Join Date: Aug 2017
Location: Manchester
Posts: 41
Likes: 0
Received 0 Likes on 0 Posts
Sky Sources: British Airways' owner IAG among airlines circling Monarch's assets amid doubts about Civil Aviation Authority licence renewal
Lee J is offline  
Old 1st Oct 2017, 13:24
  #317 (permalink)  
 
Join Date: Nov 2006
Location: Southampton
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
I had noticed that their fares had all of sudden gone up as last week I was looking at LGW to AGP for departing LGW on the 17 October returning 20 October and the basic return fare was £52 but now there over £200 each way!

Needless to say I won't be paying those fares when EasyJet come in so much cheaper or using Avios on British Airways.
canberra97 is offline  
Old 1st Oct 2017, 13:29
  #318 (permalink)  
 
Join Date: Aug 2007
Location: Cardiff
Posts: 617
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Wee Weasley Welshman
I note Monarch are currently charging £252 one way for BHX BCN next Tuesday.

They've quadrupled their prices to deter anyone from booking? Or is it that nobody is booking and so they may as well get silly money out of the few idiot consumers who do?

Either way, desperate measures.

As shown by Ryanair, the correct response to a drop off in bookings is to have a quick sale at very low prices. Once a business decides it wants to dissuade customers from booking, then the game is up and they are just organising the timing of the administrators.
runway30 is offline  
Old 1st Oct 2017, 13:33
  #319 (permalink)  
 
Join Date: Jun 2002
Location: Wor Yerm
Age: 68
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
Reports last week claimed that the company was working with KPMG to find future options for its short-haul business by securing a joint venture with a second airline.
When accountants get their snouts in the trough the game is up. I don't think any accounting firm has ever brought any business back from the brink, but Christ have they managed to extract whatever is left in the carcass of any dying business they get their greedy paws on. And they walk away wilh full pockets, they leave nothing for the employees. I reckon if these people are so good, they should only ever work on a payment by results basis. Save the company = you get paid. But no, they are not that good and never have been. But I'm truly sorry for the employees of Monarch. I hope they are able to find worthwhile employment in the very near future.
Piltdown Man is offline  
Old 1st Oct 2017, 13:44
  #320 (permalink)  
 
Join Date: Jul 2011
Location: UK
Posts: 612
Likes: 0
Received 2 Likes on 2 Posts
You got the correct ‘Monarch’ forum WWW? Not sure if you meant that for our private orange airline section ....
Dct_Mopas is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.