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MAE in administration
BBC reporting that Monarch Aircraft Engineering is in administration:-
https://www.bbc.co.uk/news/uk-englan...herts-46758200 |
Originally Posted by flybar
(Post 10351518)
BBC reporting that Monarch Aircraft Engineering is in administration:-
https://www.bbc.co.uk/news/uk-englan...herts-46758200 |
Poorly managed by all accounts. Very sad news for those involved. Hopefully, the other airlines and MRO's will snap them up.
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All part of the Mantegazza plan. Load up the various parts of the group with debt, walk away from a £600m pension deficit and take away anything of value back to Lugano or their yacht. |
Spot on Tubby. Not a lot else to say apart from condolences to those that chose to cling to the wreckage. |
Let us not forget Greybull in that scenario. Asset strippers. Messrs Hodgson and Peacock (the founders of Monarch and Airline Engineering) must be turning in there graves at this sad outcome.
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If it was not done with the justification of accountancy, then most of us would describe the actions of Greybull and the Mantegazzas as multiple crimes of theft. All the best to those left left picking up the pieces. |
Whatever happened to people being an organisation's best assets?
:mad: |
Ring Jet2, or apply on line or how ever you have to do it in this day and age. Opportunitiess coverings all aspects of the engineerimg operation.
http://www.jet2careers.com/engineering/ Road show, Birmingham next Wednesday, might be bit busier than they originally expected. https://www.google.com/search?q=jet2...bs&htivrt=jobs |
My nephew is one of those who has just lost his job. He had previously moved to Marshalls, but decided to get back to Monarch
to reduce travelling. Probably a bad move. Hopefully he'll get something at Luton. |
Who is buying/ taking over their new maintenance hangar in BHX. ? |
Originally Posted by Dualbleed
(Post 10354879)
Who is buying/ taking over their new maintenance hangar in BHX. ? |
Quote: Originally Posted by Dualbleed https://www.pprune.org/images/buttons/viewpost.gif Who is buying/ taking over their new maintenance hangar in BHX. ? Original article mentions FlyBe are taking over BHX ops and staff so maybe the hanger too? |
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