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On the surface the plan to compete with the locos seems suicide.
Have the plans to order the b737s actually been shelved? Seems suspicious in the least to look to procure a different fleet, then shortly afterwards announce a business direction change. Maybe I am just far too suspicious for my own good sometimes. |
Unless the 737's were part of the loco plan already in advance...
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Just as management are asking you to take the downside pain, presumably they re offering equity to share in the upside....
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Nope, they are screwing us...
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All Monarch peeps are touching their toes at the moment and they won't be coming up anytime soon...
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Suppose it depends whether its Norwegian or RYR
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Redundancies yet they sign a new sponsorship deal with the Northampton Saints?
News | Aviva Premiership Rugby | Official Website |
Looks like easy are going for the jugular , planning to move two units from Liverpool to Manchester over the winter !
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Or they're following Monarch's lead in deciding that the regionals have no future.
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One if the 75's has been bought by jet2
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They are actually looking at ones the 330's too.
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does it hell.
It will be a cold day in hell if any company takes on a fleet aircraft and crew. |
Looks like easy are going for the jugular , planning to move two units from Liverpool to Manchester over the winter ! |
25 737max spread out over several years is just too few airframes to compete.
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Scratchinthesky...
BA bought BMI! Bit different when you buy the whole company as opposed to a single retired aircraft unit from a company! Apologies if it sounded sarcastic...
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Jet2 recruiting for 757 as we speak. Regardless of how and when airframes are bought and sold, crew are always free to change employers.
http://www.jet2careers.com/career-search?id=731933 |
Well the rumour I heard is that easyjet are investing / absorbing! All for the slots nothing else! Anyone in easy heard anything about a big announcement in October?
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On god, another 'big announcement' coming. Like the many other big announcement days I've heard rumoured in my time at the big easy, the day will come and go and nothing will be said.
I can't see them absorbing an airline just to get a few extra slots. From a business point of view it would be much easier to just wait and if the worst were to happen, then the slots would be easiy to come by picking up the ashes. It's a lot cheaper and simpler. |
If things don't turn out well for Monarch, which I sincerely hope does not come to pass, then one thing is for certain. Easyjet will not want to see any of Monarch's LGW slots end up in the hands of the competition. Would they consider another take-over a la GB Airways? Highly unlikely on the face of it with the current flexible fleet expansion plans. But LGW is Easyjet's cash cow so if it kept the competition out, then who knows.
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LGW slots
Mmmmmmm free LGW slots, I guess Norewgian will be more than happy to fill those slots.
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I would forsee a lot of interest from the Competition and Markets Authority if that would come to pass due to the dominant position held already at LGW and LTN. Just to give some perspective: if LGW's second largest airline took all of MON's slots (which it won't), LGW's largest airline would still hold a far greater number of slots.
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But if monarch are laying off 200 odd pilots as rumours on here have said if they have sold an airframe to jet2 then why not provide the crew to operate it as part of the deal. |
its is a minefield.
And your going to have to induct them anyway. And as the market is going to be flush with current drivers there is no point in taking them with the airframe. Might as well spend a day interviewing and start with a blank sheet of paper when they walk in the door. And as DEC's are fraught with political and other issues they may want to upgrade there own and only take FO's. |
If we are talking 757 nearly all FO's will have choice to stay as they have the seniority. Question is would they stay at Monarch or move to Jet 2. In terms of our new T's and C's they are similar to Jet 2 so may decide to stay. I think a load of pilots are about to leave Monarch for newer pastures but you will not see them go to Jet 2.
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will have choice to stay as they have the seniority They will try to boot the senior expensive pilots first just like they did with flybe. |
Mad jock....
there will be no senior expensive pilots in Monarch shortly, everybody is moving to the bread and water regime...:* |
You get bread and water and don't have to bring your own?
Seriously though if the person is senior and they have to pay to get them re-rated to fly something else to stay, seniority won't keep them in a job. |
Keep hearing about these vastly reduced terms and conditions at Monarch but does anyone want to give a break down of the new compared to old for those of us who don't know?
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What about the Pension? What about those that have done 10, 20, 30 years and are coming up for retirement. If you've contributed/saved/done the "right" thing - to have your retirement plans decimated is nothing short of evil. With the fund in deficit and finances on the rack - my heart goes out to those affected :(
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it costs pennies to type rate the 757 guys and they have already been assured the change
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Isn't Thomson also adding 757 pilots? Not sure about bases...
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Yup, I would think all of the FO's would have applied for this. I know a few who are going for it
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Keep hearing about these vastly reduced terms and conditions at Monarch but does anyone want to give a break down of the new compared to old for those of us who don't know? |
so, in a nut shell, (much larger numbers granted, ) but pretty much what the TCX guys were told eighteen or so months ago. If you ask most of them now, they would probably agree they were "had"! Maybe Monarch management were watching that unfold and liked what they saw?
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For clarity the TCX pilots were not asked to take a 30% paycut. They were asked (balloted) to take a 3% one. The company was also (by their calculation) captain-heavy so they imposed some demotions (roughly 25-30 initially) - some of these guys were then looking at a 30% pay but (CP to SFO).
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wish it was only 30% :(
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If the mods want to delete this feel free, this was the text I was sent. No idea if its true or not:
Monarch's new T&C's. Increments gone. Capt on £89k. FO £53k. Everybody forced to work 50% winter and paid accordingly. No DOP. No Duty pay. No PHI. No scheduling agreement at all. Working to EASA. Final salary pension for under 55's removed and whatever you have put in it lost. 7% max pension contributions. 1 week of leave in the summer!! |
Excuse my ignorance but what's DOP & PHI ?
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PHI = Permanent Health Insurance
DOP I think is payment for working a Day Off Don't think they can simply remove benefits built up under a final salary pension, the Trustees are in control. But if there's a substantial deficit the benefits could well be reduced. |
The above figures are headline, the pro rota given 9 months on / 3 off is as stated in the contracts are £83'176 and £44'846 with no increments.
:ugh: |
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