There may well have historically been discretion exercised but there was no hint of it this time.

Figures not accurate Count. Which ones ? They are what I thought.

Enzo999 is absolutely right. 10 years experience to be offered a flex contract then maybe 2nd Officer then maybe 75% FO pay scale is just not viable when you have little mouthes to feed. Anyway, it was all academic anyway. Such a pity.

For all its faults, RYR doesn't pay such a paltry salary as that! For those that seem to think EZY is wonderful, get out a bit more! They're not bad for Captains, but they're terrible to junior FOs. No low cost airline in the EU is a good place to be long term.

You can now expect a base change with your promotion

New joiners need to consider the possible effect of "Right to return" people jumping in ahead of them on the seniority list.

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.

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.

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.

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.

Mon is a unsustainable business model in today's low cost climate, anybody would be mad to chuck in a job to join this outfit, near zero chance the max order will ever come about.

ICEHOUSES - A voice of sanity in a mad world.

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.

Like to know where you got that info from???...exit strategy :confused:

Oh man they're vulture capitalists. Of course they have an exit strategy, it goes hand in hand with their reason for buying in.:ugh:

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.

Greybull 'exit strategy'.

http://www.pprune.org/terms-endearme...ml#post8666246

blackandbrown and blantoon will be along shortly to explain.

Oh yeah ,of course its all doom and gloom at Monarch might have to follow Enzo999 as well:ugh:.....better not take that attitude into work :mad: day we would have:{

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.

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.

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.

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!! :D