Monarch 2015
Joined: Aug 2009
Posts: 123
Likes: 0
From: uk
or the medium/long term viability of the business...
do your homework
A few years ago people were excitedly discussing the virtues of Monarch and basing their decision solely on the unsustainable T&C's. Hence people came and recently went home disappointed.
Look beyond the headlines, read the whole newspaper.
do your homework
A few years ago people were excitedly discussing the virtues of Monarch and basing their decision solely on the unsustainable T&C's. Hence people came and recently went home disappointed.
Look beyond the headlines, read the whole newspaper.
Joined: Sep 1999
Posts: 930
Likes: 1
From: United Kingdom
Renort the total salary bill only dropped 5%. It is just that some took a 40% pay cut, whilst others gained. Also it is worth contemplating that crew costs are only in the region of 12% of DIrect Operating Costs. (Ask Stelios 
) So unsustainable well depends on your perspective. MeThinks it is just the industry dumbing down pilots jobs.
) So unsustainable well depends on your perspective. MeThinks it is just the industry dumbing down pilots jobs.
Joined: Jul 2000
Posts: 569
Likes: 0
From: London
Bumped into some fresh faced Oxford cadets last week in the A320 sim at LGW who were joining MON. It seems like the shortfall is being made up of entirely cadets which is a great shame for those of us with experience and type rated.
Joined: Jun 2005
Posts: 70
Likes: 0
From: Siberia
Crosswind,
I guess to hire a cadet is cheaper than hiring an experienced guy. Sucks but that's the way it is. I don't know where this trend will end really. I suppose if airlines want to flog seats for peanuts then they have to cut their costs, and the largest cost that they can control (other than leasing costs maybe) is that of pilots salaries. We're soft targets.
I guess to hire a cadet is cheaper than hiring an experienced guy. Sucks but that's the way it is. I don't know where this trend will end really. I suppose if airlines want to flog seats for peanuts then they have to cut their costs, and the largest cost that they can control (other than leasing costs maybe) is that of pilots salaries. We're soft targets.
Joined: Dec 2012
Posts: 170
Likes: 0
From: UK
Greybull have an exit strategy (if necessary) with a degree of profit/limited exposure however if AS and his team succeed their return on investment is enhanced but, at some stage, whether short or medium term, they want out and they have no concern for the 'establishment' only their/investors money.
Joined: Aug 2010
Posts: 238
Likes: 0
From: London
Can somebody explain to me why Monarch is an "unsustainable business model"? If it has a low enough cost base why can't it make some money?
Sounds like I need to run out and get another job, shame I really liked this one.
Sounds like I need to run out and get another job, shame I really liked this one.
Joined: Aug 2009
Posts: 75
Likes: 0
From: at the end
Greybull 'exit strategy'.
http://www.pprune.org/terms-endearme...ml#post8666246
blackandbrown and blantoon will be along shortly to explain.
http://www.pprune.org/terms-endearme...ml#post8666246
blackandbrown and blantoon will be along shortly to explain.
day we would have
Joined: Aug 2014
Posts: 193
Likes: 1
From: Sand free now
Agree. If Mon business model is not sustainable then nor is EZY and RYR.
Yes, it will be difficult because confidence and moral is low but really could do without outsiders expressing their ill informed opinions. We have seen enormous changes internally and it is all about returning Mon to profit. The model is perfectly sustainable and those inside will do their utmost to make it work. If you are lucky enough to have landed an orange seat, sit back and think yourself lucky but stop the gloating.
Yes, it will be difficult because confidence and moral is low but really could do without outsiders expressing their ill informed opinions. We have seen enormous changes internally and it is all about returning Mon to profit. The model is perfectly sustainable and those inside will do their utmost to make it work. If you are lucky enough to have landed an orange seat, sit back and think yourself lucky but stop the gloating.
Joined: Dec 2012
Posts: 170
Likes: 0
From: UK
Monarch business model
With regard to the MON 'business model' there are significant differences with EZY and RA. Just to pick out two current hot topics ....MON only have UK bases so they do not have the ability to 'react' within 261 time scales thus creating a financial liability and they provide ATOL certification to all their flights at an estimated cost of £2.40 per passenger per flight. Sheer size of operation leads to economies which MON can never achieve.
Joined: Jan 2004
Posts: 46
Likes: 0
From: UK
Yet another thread littered with orange glow.
No other airlines crews tends to shower this site with exclamations by of how great life is as those from the orange machine does.
The bulk of my aquaintances who operate in the orange loco aren't actually that keen. Due to a whole host of reasons.
So was the thread about Monarch recruitment?
Good luck guys. Ive friends who are Mon and met lots of Monarch crews over the years. For sure thngs are a bit up in the air at present but still a very decent operator.
Fingers crossed the business plan comes off and they dont just become another airline swallowed up by the locos.
No other airlines crews tends to shower this site with exclamations by of how great life is as those from the orange machine does.
The bulk of my aquaintances who operate in the orange loco aren't actually that keen. Due to a whole host of reasons.
So was the thread about Monarch recruitment?
Good luck guys. Ive friends who are Mon and met lots of Monarch crews over the years. For sure thngs are a bit up in the air at present but still a very decent operator.
Fingers crossed the business plan comes off and they dont just become another airline swallowed up by the locos.
Joined: May 2006
Posts: 670
Likes: 11
From: Here and there
Well so far so good!!
According to management briefings, Sales and profit, above and beyond what was first forecast on take over by the new owners. That's also without the bonus of lower fuel costs!!
Long may it continue!!
According to management briefings, Sales and profit, above and beyond what was first forecast on take over by the new owners. That's also without the bonus of lower fuel costs!!
Long may it continue!!
Joined: Jan 2001
Posts: 96
Likes: 0
working class oik made good. Hells Bells, another ruffian
Absolutely dismayed to learn that a council house boy from a Bournemouth sink estate has taken over as Monarch CEO. What a dive in experience from the halcyon days of Danny Bernstein who at least had an impeccable business background from Dan Air in the 70,s.and a great man to work for.
I can only think that this follows the current trend of placing thugs with dubious educational backgrounds and a penchant for disliking the Airline Pilot in the front of the rack em and stack em businesses.
I can only think that this follows the current trend of placing thugs with dubious educational backgrounds and a penchant for disliking the Airline Pilot in the front of the rack em and stack em businesses.
Joined: Aug 2009
Posts: 123
Likes: 0
From: uk
I sincerely hope you're joking. Although Danny was (is) a gentleman, as was AJS before him.
I did think the referencing to Council Estates was a bit unnecessary in that article but Monarch's PR obviously thought it was the right angle to take.
I did think the referencing to Council Estates was a bit unnecessary in that article but Monarch's PR obviously thought it was the right angle to take.