Whats going on with Monarch ?
Discussion
I really feel for the staff. Know of a Captain there (just one of many, but he's participated actively in a enthusiast group) who has held his position for ten years. No doubt it was a well paid job.
He will I would imagine pick up a new job fairly easily, but will end up at the bottom of the seniority list, as a First Office. Huge instant pay-cut, and potentially from choosing own hours, to working the dog ends that nobody else wants to do. Will take a lot of years to get back where he was.
He will I would imagine pick up a new job fairly easily, but will end up at the bottom of the seniority list, as a First Office. Huge instant pay-cut, and potentially from choosing own hours, to working the dog ends that nobody else wants to do. Will take a lot of years to get back where he was.
I have great memories of Monarch, from my first look around a 1-11 in the '70s, tucked in the back of their hangar, bantering with the crews, fun holiday trips, & the many friends who've worked for them over the years. Whilst it does seem unfair that the plug has been pulled after so long, & that the last owners may walk away relatively unscathed, there's also the argument that keeping an uneconomic business operating by pumping it with unrealistic finances actually causes damage to those other business's that are operating more efficiently - over capacity in any market isn't healthy in the long term. It's really tough for the individuals but the wider industry should be more secure as a result.
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