I thought it was sale and lease back on delivery? Honestly not too sure what would have become of them next year based on what they forecast (£100m losses!) ... running mixed fleets and embarking on long-haul where it can taken a good 12 to 18 months to see some returns.


What a horrible Monday it has been, first Monarch and then the Las Vegas shooting

My heads been spinning all day. Know someone who flew out to Vegas on Saturday and their 1st facebook check-in was the Las Vegas Strip. Thankfully they are okay.
 
Hi there ray and all, I know it's a very sad day for all those involved, but is there still anyway of saving monarch at all.. AndyC
 
In theory, the company could be bought from the Administrators but the chance of that happening is pretty much zero.

Kevin

Likely that the airlines that entered into negotiations having looked at the books will have the info to pick off the best parts to suit their own operations without paying a penny which was probably the intention all along, don't mean to be cynical but the business world is ruthless always has been, alway will.
 
just seen that Sky News are reporting that all 1,800 Monarch staff have been made redundant, i wish them all the best and hope they find new employment soon, such a sad day losing a UK airline that had been trading for 50 years, and kept its original name.

such a massive blow for BHX, so many destinations lost, we really need some good news now, 2018 really is not looking good...
 
This might possibly sound insensitive at this time, but purely out of interest, does anyone know which long haul routes Monarch were hoping to operate?
 
Thats a massive double blow for BHX, a massive loss of potential long haul routes, and an even bigger loss of exisitng short-haul. Gutted for Monarch, its employees, and BHX.
 
Many thanks Ray.

I guess we will never know exactly how far Monarch were from making their long haul venture a reality, but if the owners were staking everything on a rival airline shouldering the Monarch burden in a ruthless market, then I don't think they had the right survival plan.
 
Now, forgive me for sounding a tad harsh but, Swaffield knew what the craic with the business was. He also knew the investors were VC - they had baled him out once, did he think they had bottomless pockets!!

IMHO, he drove the business into the ground surrounded by the wrong advisors with a flawed business plan. You cannot expect bigger returns because you are "nicer" - highly naiive !

He was the wrong person at the helm in a fight for survival.

Maybe, in better times, when the business was in a stable position, he could steer the ship, but he seemed to act like a rabbit in the headlights when presented with challenges.

Just an opinion from a regular Monarch passenger and one who is very sad to see their demise.
 
NYC, Boston, Toronto, Cape Verde, Los Angeles, Barbados and Maldives were all mentioned with a mix of narrow and wide bodies.
Many thanks Ray.

I guess we will never know exactly how far Monarch were from making their long haul venture a reality, but if the owners were staking everything on a rival airline shouldering the Monarch burden in a ruthless market, then I don't think they had the right survival plan.

The sad thing is the group that advised Monarch its short haul operations were 'doomed', said that their long haul plans looked promising and had potential.

Hopefully other airlines will take note of that, and not just the bad from this.
 
All I will say is that I am 100% behind Monarch and I desperately hope that they have a long and bright future ahead of them. They are still my airline of choice (just checked in online for my flights in a few weeks) and I hope that they will be for many years to come (y)

Hope you manage to sort out alternatives.
 
Hope you manage to sort out alternatives.

Our alternative looks like being a week in Cornwall.

I've looked around and the vast majority of flights to Malaga on our dates are sold out, all that are left are connections with crap timings priced at 3x more than I originally paid.

Just spent an hour and a half holding to get through to Barclaycard, they've been inundated with calls from Monarch customers :(
 
Sorry to hear that; although a Cornish pasty beats Paella anyday!

I was hoping to use Monarch to Barcelona next spring; looks like Vueling now or perhaps Jet2 to Girona. Hesitant to book with Ryanair at the moment.
 

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survived a redundancy scenario where I work for the 3rd time. Now it looks likely I will get to cover work for 2 other teams.. Pretty please for a payrise? That would be a no and so stay on the min wage.
Live in Market Bosworth and take each day as it comes......
Well it looks like I'm off to Australia and New Zealand next year! Booked with BA from Manchester via Heathrow with a stop in Singapore and returning with Air New Zealand and BA via LAX to Heathrow. Will circumnavigate the globe and be my first trans-Pacific flight. First long haul flight with BA as well and of course Air NZ.
15 years at the same company was reached the weekend before last. Not sure how they will mark the occasion apart from the compulsory payirse to minimum wage (1st rise for 2 years; i was 15% above it back then!)
Ashley.S. wrote on Sotonsean's profile.
Welcome to the forum, I was born and bred in Southampton.
Seems ĺike been under construction for donkeys years!

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