Whats going on with Monarch ?

Whats going on with Monarch ?

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Discussion

J4CKO

Original Poster:

41,517 posts

200 months

Monday 26th September 2016
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briang9 said:
can only hope Thomas Cook are next, dreadful Company...
My eldest has just started working for TC as an apprentice, am sure he would be thrilled to lose his job after all the effort he put into securing that position from the hundreds of hopefuls because you think they are "dreadful".

Why would you wish the demise of a whole *British* company as you had a bad experience, or are you pointing out holiday charter airlines not up to your usual high standards in aviation ?


Anyway, nice to hear Monarch are still with us !


Greendubber

13,190 posts

203 months

Monday 26th September 2016
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mikees said:
briang9 said:
can only hope Thomas Cook are next, dreadful Company...
Sad for the (Some) employees, but monarch are st and always have been. Good riddance . Hope the staff get jobs with better airlines
I've flown with Monarch loads of times and never had any issues with them. They've always been cheap and decent, it'll be a shame if they go bump.

Honeywell

1,374 posts

98 months

Monday 26th September 2016
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Monarchs £5m ATOL bond needs paying to the CAA this week. The fat lady has yet to sing.

IforB

9,840 posts

229 months

Tuesday 27th September 2016
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el stovey said:
A few monarch employees on here. Good luck guys. frown
Cheers, it's not exactly a barrel of laughs at the moment, that's for certain. However, we're operating as normal, so the rumours of our demise two nights ago were cobblers.

I have to stay off Pprune though for fear of self combusting at the garbage that's being posted as fact there...

Chuck328

1,581 posts

167 months

Tuesday 27th September 2016
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IforB said:
Cheers, it's not exactly a barrel of laughs at the moment, that's for certain. However, we're operating as normal, so the rumours of our demise two nights ago were cobblers.

I have to stay off Pprune though for fear of self combusting at the garbage that's being posted as fact there...
It's fking shocking aint it. Whilst I don't know the ins and outs behind the scenes, the fact the 'social media' ( I use the term social loosely) can churn out a such a turn of events that spreads to forums and people start wondering if they have a job the next week, never mind if someones flight is going to canx.

Good luck though, I know times have been tough there.

hornetrider

63,161 posts

205 months

Tuesday 27th September 2016
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I guess rumours like this can discourage holidaymakers from future bookings, further exacerbating any problems with revenue.

steve-5snwi

8,660 posts

93 months

Tuesday 27th September 2016
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I think something was going on, otherwise why charter wide body aircraft, although that could be for other reasons I guess.

However has the damage already been done ? Does anyone know if bookings are down ? I wouldn't book summer 2017 flights with them, but then again I probably wouldn't fly with them anyway. The staff have always been good but the aeroplanes are so uncomfortable and if you don't manage to book extra legroom you have to be a smurf to fit in a seat.


Legend83

9,975 posts

222 months

Thursday 29th September 2016
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Still owned by Greybull Capital?


ecsrobin

17,111 posts

165 months

Thursday 29th September 2016
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Legend83 said:
Still owned by Greybull Capital?
Apparently so.

IforB

9,840 posts

229 months

Thursday 29th September 2016
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Legend83 said:
Still owned by Greybull Capital?
Yes.

At this moment in time that is accurate. None of us know if that will continue to be accurate or not!

Oceanic

731 posts

101 months

Friday 30th September 2016
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Monarch are a truly dreadful company who have a despicable attitude to customers! I don't wish anyone to lose their jobs but that company is just awful, I will not fly with them ever again!

Composite Guru

2,207 posts

203 months

Friday 30th September 2016
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I'm an ex Monarch Engineering member, I did my apprenticeship there. Left 18 years ago to go into F1.
I did have doubts about leaving to go into F1 as its a volatile sport but it looks like I made the right decision for the future.

I hope my existing mates there don't get any bad news.

johnnyreggae

2,936 posts

160 months

Friday 30th September 2016
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12 day extension just announced

Amateurish

7,737 posts

222 months

Saturday 1st October 2016
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I've always found monarch an excellent airline to fly with. It will be a real shame if they don't survive.

Simpo Two

85,390 posts

265 months

Saturday 1st October 2016
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Due to further investment Monarch's ATOL certificate has been renewed for a period. But given that the employees have already accepted a 30% pay cut, you do wonder whether the company is just badly run or the cash siphoned off somewhere.

Trabi601

4,865 posts

95 months

Saturday 1st October 2016
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Amateurish said:
I've always found monarch an excellent airline to fly with. It will be a real shame if they don't survive.
Flown with them once (return). Never, ever again. It was one of their 757-200s, which appeared to be old, knackered, and have the most ridiculously tight seat pitch. DIdn't help that on the outward leg we got a seat without a window, so it felt like sitting in a prison van for 2.5 hours.

wjwren

4,484 posts

135 months

Saturday 1st October 2016
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My other half works for them, not much has been said she said. But they seem to be getting new 737 MAX planes next year so Greybull must be pumping fair wad of cash into it and believe in the company.

Ive been on a couple of flights with them and always found them a cut above easyjet or Ryanair which were like national express coaches. Ok the planes themselves were not as new as Ryanair's but the customer service was better on Monarch.


Simpo Two

85,390 posts

265 months

Saturday 1st October 2016
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wjwren said:
But they seem to be getting new 737 MAX planes next year so Greybull must be pumping fair wad of cash into it and believe in the company.
Yes, I forgot that bit.

http://www.bbc.co.uk/news/business-37524259

'It is believed that some of the money will be used to proceed with an order for 30 Boeing aircraft.'

For a company of questionable solvency that seems rather a jump to me.

wjwren

4,484 posts

135 months

Saturday 1st October 2016
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My gf is doing 737 training soon so I guess the orders must be real. They plan to go soley onto Boeing. Also an internal email going round saying they want to get back into longhaul using Dreamliners.

anonymous-user

54 months

Saturday 1st October 2016
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wjwren said:
Also an internal email going round saying they want to get back into longhaul using Dreamliners.
I think that's very unlikely.