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Monarch 4

Old 18th Sep 2017, 13:07
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Monarch 4

Looks like toledoashley and others were right, if this story is correct... Monarch eyes long-haul shift amid ATOL talks
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Old 18th Sep 2017, 14:23
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Now its out in the open, I heard Greybull want to sell. Bids had to be in by Friday, with no buyer looking to purchase it as one entity. Jet2 were looking at buying the bulk apparently - short haul network, but not the holidays division.
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Old 18th Sep 2017, 14:41
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What with the Boeing order Jet 2 seem the obvious choice.
Easy could integrate the Airbus fleet now probably and get the slots at LGW and LTN which would be advantageous but what of the 737Max order placed.
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Old 18th Sep 2017, 14:42
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Pity the staff again, looking at re-structure. Getting a bit monotonous every year thinking what kind of job will i have by Christmas.
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Old 18th Sep 2017, 15:04
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Absolutely agree.
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Old 18th Sep 2017, 15:09
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Poor staff yet AGAIN, while the top floor continues to expand with more 'experts'
Sadly I think the clock is ticking if this is the best the owners can come up with.
Wonder what odds you can get on ever seeing a max in MON colours.

Shame on those that caused this. You know who you are.
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Old 18th Sep 2017, 15:18
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So if things are that bad,why have Monarch been holding interviews for cabin crew in the last fortnight?
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Old 18th Sep 2017, 15:26
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I don't think the situation is bad, just that Greybull have got restless at not being able to make a big enough return with low cost short haul.
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Old 18th Sep 2017, 16:17
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I have watched this site since I became a part of the engineering division in 2013. There have been ups and downs, but a restructure isn't always bad news. A restructure at my previous place of work got me into this great company and whilst working at BHX we have grown and grown.

We might not work on super shiney new jets, but a stable future is what we want, and if there is a restructure it may enhance that. I spend most of my time working props and if we need to work on these so the company can go into long haul then so be it! 737's are an old design but I think if we were to get stronger together with a regional airline that can do the short haul stuff, we can grow on the long haul stage and they can feed us
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Old 18th Sep 2017, 17:02
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If only ......

...... Monarch had 1 profit for every time it had done a root and branch review of its business there would never be these problems. I mean seriously wasn't the great White knight 2 years ago culling charter and becoming a lean low cost operator? What's happening with that?
If talk of long haul is serious then I fear for the future of the business.
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Old 18th Sep 2017, 17:15
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For those who doubted me, my source was from a rival airline who had been approached for a takeover of the short haul business.

I can see a tie-up working, but my question mark is what is defined by pivoting to long haul.
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Old 18th Sep 2017, 17:33
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I don't see where they will go with long haul unless they have sold capacity to someone who needs it. Anyone got ideas I can't see.

Can see a sale of he short haul business with slots being the main motivator plus removal of competition in a market with excess capacity.
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Old 18th Sep 2017, 17:41
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My sense is that the whole leisure travel business is turning soft, and I see trouble ahead.
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Old 18th Sep 2017, 17:43
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Doesn't a airline need long haul aircraft to operate long haul routes ..
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Old 18th Sep 2017, 17:55
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This is Monarch. Anything goes. Expect the MAXs to turn to 787's or something equally barmy.
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Old 18th Sep 2017, 18:10
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I suppose they could argue that the max given its range is a long haul aircraft
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Old 18th Sep 2017, 18:21
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I'm pretty confused by this. Wouldn't a takeover of the short-haul operations just be a takeover of the company as they don't have any long haul business?

Also, they don't have any long-haul aircraft and the MAX's won't offer them much more range.

Jet2 don't seem to be keen on acquisitions, so maybe EasyJet, Thomas Cook, TUI, Ryanair or Norwegian?

I don't think the story leaked today is the full picture...
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Old 18th Sep 2017, 19:34
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Monarch should never have totally ditched their previous long haul operations. In a head to head fight with Ryanair, Easy jet & others, Monarch were never going to find the cheap short haul market easy. I wish them well.
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