Monarch Engineering
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Monarch Engineering
It looks very bad for Monarch Aircraft Engineering at the moment.
After the badly handled Flybe split they're losing contracts. Apparently there is an announcement from the big man tomorrow.
I've been told it's very grim in the hangar at BHX.
Good luck to all the engineers, remember there's a shortage at the moment and there are better companies to work for.
After the badly handled Flybe split they're losing contracts. Apparently there is an announcement from the big man tomorrow.
I've been told it's very grim in the hangar at BHX.
Good luck to all the engineers, remember there's a shortage at the moment and there are better companies to work for.
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wBoeing’s maintenance arm is the favourite i hear .https://www.mro-network.com/maintena...gineering-sale
Last edited by Brigantee; 16th Dec 2018 at 00:20.
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Vulture Capitalism
Mismanagement by the shareholders who didn’t invest as promised. Hopefully a reputable aviation company will take over and realise the true potential of the business.
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Well, they no longer have line mainteance, so just the base facilities at BHX and LTN (and an unfinished composite building up the M1). So, defualting on monies owed to your supply chain may not have been the best move, unless the administrators knew all along that it would "cause" the wind up.
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In the current edition of Flight International they report that Quote - MAEL debt was £138m and had a ''cross company guarantee'' inherited from Monarch Airlines. The approved CVA will allow the MRO provider to cut the amount it owes or give it longer to pay. It was approved by 90% of the creditors. The guarantees are with two off shore companies who own 75% of the debt, one of which has bought MAEL for £1.- Unquote.
So, IMHO whoever wants to pick up MAEL will face a tough negotiation and a big bill. Having worked for it's forerunner AEL, I hope someone does.
So, IMHO whoever wants to pick up MAEL will face a tough negotiation and a big bill. Having worked for it's forerunner AEL, I hope someone does.
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Have gone into administration as of today, no more base (hangar) maintenance, but the Training Dept and the CAMO are going to continue to trade under administration, while a buyer is found. 
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Ring Jet2, or apply on line or how ever you have to do it in this day and age. Opportunitiess coveringa all aspects of the engineerimg operation.
Engineering
Road show, Birmingham next Wednesday, might be bit busier than they originally expected.
https://www.google.com/search?q=jet2...bs&htivrt=jobs
Engineering
Road show, Birmingham next Wednesday, might be bit busier than they originally expected.
https://www.google.com/search?q=jet2...bs&htivrt=jobs
Last edited by Council Van; 5th Jan 2019 at 08:00.
Very sad to hear, MAEL have some very good guys !
If any of you are looking for a job (sorry for the short notice) Altitude Global are holding recruitment roadshows at the following addresses
If any of you are looking for a job (sorry for the short notice) Altitude Global are holding recruitment roadshows at the following addresses
- Birmingham Airport. 7th and 8th January. Hilton Garden Inn.
- Warsaw Chopin Airport. 14th and 15th January. Hampton by Hilton.
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I understand the hangar at Birmingham was owned by MAEL, as they're looking for a buyer for the training and CAMO side of the business, is the hangar is not included in that sale?
FC
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MAEL's assets are to to be auctioned off, where a lot of maintenance history will go under the hammer next week 
https://www.hilcoind.com/sale/MAEL/featured
Many excellent aircraft Engineers around the world did their apprenticeships over 50 years at MAEL (& previously ATG).
https://www.hilcoind.com/sale/MAEL/featured
Many excellent aircraft Engineers around the world did their apprenticeships over 50 years at MAEL (& previously ATG).