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Search: Posts Made By: Rushed Approach
Showing results 1 to 35 of 117
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Forum: Airlines, Airports & Routes
22nd Sep 2019, 18:33
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

Just re-watching Raab on the BBC's Marr this...

Just re-watching Raab on the BBC's Marr this morning replayed by Sky News and he seemed to imply that were TCX to fail, there'd be a difference in the treatment between ATOL protected (package) and...
Forum: Airlines, Airports & Routes
22nd Sep 2019, 15:38
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

I believe Monarch picked up the tab for that 2016...

I believe Monarch picked up the tab for that 2016 contingency.
Forum: Airlines, Airports & Routes
22nd Sep 2019, 12:53
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

The ATOL fund wouldn't necessarily be cleaned...

The ATOL fund wouldn't necessarily be cleaned out. The 160,000 will include both ATOL and non-ATOL protected holidaymakers abroad. If the cost of repatriation was, say, £150m (£600m seems way too...
Forum: Airlines, Airports & Routes
21st Sep 2019, 18:17
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

Not sure of the detail but as I recall reading...

Not sure of the detail but as I recall reading there was a difference with Air Berlin that meant they could continue trading for a period, in a similar way that US airlines can under protection from...
Forum: Airlines, Airports & Routes
21st Sep 2019, 18:01
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

Ah, so this may have a lot to do with what...

Ah, so this may have a lot to do with what "Brexit" headlines it produces. Of course that couldn't possibly influence the outcome could it? :hmm:

As I understand it Germany somehow has different...
Forum: Airlines, Airports & Routes
21st Sep 2019, 17:09
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

I think Diffident was suggesting that midnight on...

I think Diffident was suggesting that midnight on Sunday (rather than midnight tonight) was when s/he thought operations might cease.

Mon went down very early on a Monday morning (2 Oct 17) when...
Forum: Airlines, Airports & Routes
21st Sep 2019, 15:54
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

My understanding is that the TCX pension scheme...

My understanding is that the TCX pension scheme (for pilots) is a defined contribution (DC) arrangement and as such the funds are usually held in trust for the individual i.e. they would be...
Forum: Airlines, Airports & Routes
21st Sep 2019, 14:56
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

Not sure that characterising all your pax as...

Not sure that characterising all your pax as stupid is very productive - after all they're not responsible for what may or may not be happening to the company. I'm sure the crew would appreciate a...
Forum: Airlines, Airports & Routes
21st Sep 2019, 14:08
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

Well the UK redundancy payment is capped at £525...

Well the UK redundancy payment is capped at £525 a week for a max of 8 weeks, is subject to 12% NI (and basic tax at 20% if paid in the tax year of redundancy), and if Monarch is anything to go by...
Forum: Airlines, Airports & Routes
21st Sep 2019, 12:41
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

In the Monarch case two years ago the govt...

In the Monarch case two years ago the govt repatriated everyone (not just those ATOL protected) and so the fund did not pay out for those unprotected, leaving the govt to pick up the remaining tab...
Forum: Airlines, Airports & Routes
20th Sep 2019, 23:50
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

In Mon's case the plug was pulled when all...

In Mon's case the plug was pulled when all aircraft were on the ground as it happened on the normal schedule early Monday morning. With TCX I assume there's never a point in time when this occurs at...
Forum: Airlines, Airports & Routes
20th Sep 2019, 22:11
Replies: 1,550
Views: 1,823,712
Posted By Rushed Approach

Not sure that the company's longevity counts for...

Not sure that the company's longevity counts for much - Monarch had been around for half a century too. I believe it's against EU rules for the UK govt to subsidise an airline in the way that has...
Forum: Airlines, Airports & Routes
1st Oct 2017, 11:31
Replies: 1,195
Views: 1,002,372
Posted By Rushed Approach

To be fair to Mike-Bracknell, it is the Sunday...

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...
Forum: Airlines, Airports & Routes
12th Oct 2016, 21:28
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

If you believe this you don't know much about the...

If you believe this you don't know much about the way credit card companies operate.



This sort of comment makes no sense at all. You and others have absolutely no idea of "previous burn rate"...
Forum: Airlines, Airports & Routes
6th Oct 2016, 21:20
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Everyone is assuming it's a simplistic case of...

Everyone is assuming it's a simplistic case of when some money is arriving at the CAA. That's rather simplistic in the current situation.

It's much more likely there are other time constraints...
Forum: Airlines, Airports & Routes
5th Oct 2016, 16:35
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Last Friday (the day Monarch's three ATOLs were...

Last Friday (the day Monarch's three ATOLs were renewed) I met up with a friend whose relative had quoted to her a senior politician who had apparently commented on the Monarch situation at a party...
Forum: Airlines, Airports & Routes
4th Oct 2016, 19:14
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Could someone tell me who made these 3 "bail...

Could someone tell me who made these 3 "bail outs" in that timescale"? "Bail out" in that context implies that one or more in the sequence has lost money.

Previous owners (name beginning with the...
Forum: Airlines, Airports & Routes
4th Oct 2016, 18:43
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

At least someone knows (along with the FT, but...

At least someone knows (along with the FT, but unlike the rest of the press) who owns the other 10%.
Forum: Airlines, Airports & Routes
2nd Oct 2016, 21:32
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Well next time it might be an idea to get the...

Well next time it might be an idea to get the negotiating team to put penalty clauses in the contract if your jets are gonna be two years late.
Forum: Airlines, Airports & Routes
2nd Oct 2016, 21:08
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

So you are saying that a nearly two year delay in...

So you are saying that a nearly two year delay in the delivery of your order doesn't earn you some financial penalty/goodwill from the manufacturer? :rolleyes:
Forum: Airlines, Airports & Routes
2nd Oct 2016, 17:49
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Which bit are you having trouble making sense of?...

Which bit are you having trouble making sense of?

B787 massively delayed so Boeing might want to make up for it by offering a favourable deal on a new B737 model (plus a coup to switch an EU...
Forum: Airlines, Airports & Routes
2nd Oct 2016, 16:04
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Actually it's not clear at all from either the...

Actually it's not clear at all from either the CAA or Monarch websites.

It seems that Monarch flight-only bookings made in the UK are covered by ATOL (contrary to what the CAA site above suggests...
Forum: Airlines, Airports & Routes
2nd Oct 2016, 10:17
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

In which case Monarch is providing EXTRA...

In which case Monarch is providing EXTRA protection over and above what easyJet (for example) is providing for flight-only bookings.

So those asking why would you book Monarch over another...
Forum: Airlines, Airports & Routes
1st Oct 2016, 23:23
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

The test is whether you get an ATOL certificate...

The test is whether you get an ATOL certificate when you book.

From the CAA site:
Forum: Airlines, Airports & Routes
1st Oct 2016, 19:03
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

Everyone is talking as if Monarch actually needs...

Everyone is talking as if Monarch actually needs an ATOL to sell its flights. It doesn't and neither does (for example) easyJet .

From the easyJet site this evening:

"FAQ: Does easyJet have an...
Forum: Airlines, Airports & Routes
1st Oct 2016, 11:52
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

I suspect this is still more complex than many on...

I suspect this is still more complex than many on here realise. Don't forget that Greybull only own 90% of Monarch.
Forum: Airlines, Airports & Routes
29th Sep 2016, 22:26
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

So it's actually more relevant to airlines as it...

So it's actually more relevant to airlines as it is a benchmark regardless of whether the airline leases or owns its aircraft, or does a combination of the two.
Forum: Airlines, Airports & Routes
29th Sep 2016, 22:19
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

There certainly is. You could always Google it....

There certainly is. You could always Google it. The R (for "Rent" of aircraft) takes in the cost of leases.

From Wiki:

Earnings before interest, taxes, depreciation, amortization, and...
Forum: Airlines, Airports & Routes
29th Sep 2016, 21:41
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

zbobserver, I'm not aware of any such extra...

zbobserver, I'm not aware of any such extra restriction on the ATOL and indeed if that were the case one would expect all flights to be ATOL protected, which I don't believe is the case for flight...
Forum: Airlines, Airports & Routes
29th Sep 2016, 17:14
Replies: 4,329
Views: 2,710,313
Posted By Rushed Approach

The Cosmos brand could only be used a certain...

The Cosmos brand could only be used a certain amount of time as a condition of sale by the Mantegazzas after the 2014 restructure.

As for Monarch's flights being 20-30% more expensive that FR or...
Forum: Rumours & News
1st Apr 2015, 22:37
Replies: 3,543
Views: 5,594,969
Posted By Rushed Approach

In the UK your General Practitioner decides what...

In the UK your General Practitioner decides what drugs you are prescribed. Your Aeromedical Examiner (AME), who is the CAA (and hence EASA) approved doctor who examines you is not allowed to...
Forum: Rumours & News
30th Mar 2015, 22:48
Replies: 3,543
Views: 5,594,969
Posted By Rushed Approach

Apparent to who? The point you are missing is...

Apparent to who? The point you are missing is that it can't be "apparent" until the investigation is complete. If the result is prejudged as "apparent" after only a few days then the whole...
Forum: Rumours & News
30th Mar 2015, 22:15
Replies: 3,543
Views: 5,594,969
Posted By Rushed Approach

No, not pure supposition - based on 20+ years'...

No, not pure supposition - based on 20+ years' experience of flying Airbuses around Europe - how about you? It's clear that nobody on here is going to reveal whether the aircraft had this security...
Forum: Rumours & News
30th Mar 2015, 21:59
Replies: 3,543
Views: 5,594,969
Posted By Rushed Approach

The problem is that the very opening of...

The problem is that the very opening of "proceedings" means that "guilt" of a person or persons is a possibility. In this case all the witnesses to the crash itself are unfortunately no longer with...
Forum: Rumours & News
30th Mar 2015, 20:55
Replies: 3,543
Views: 5,594,969
Posted By Rushed Approach

The point that you seem to be having extreme...

The point that you seem to be having extreme difficulty in grasping, is that what is "deliberate" cannot be determined until a proper investigation has concluded. Therefore if you want the best...
Showing results 1 to 35 of 117
 
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