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Author Topic: Monarch "on brink of collapse"  (Read 2835 times)

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Offline Sneaky_Nikon

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Monarch "on brink of collapse"
« on: October 01, 2017, 11:12:51 AM »
Quote
Monarch, the UK’s fifth largest airline, was today granted a one day extension to its licence after emergency talks with regulators.

Monarch’s ATOL licence is due to expire, but its bosses were trying to convince the Civil Aviation Authority (CAA) to grant it a renewal.

With the airline’s future in doubt, the CAA said it would provide a “daily update” on the status of its ability to operate its package holiday arm.





http://www.telegraph.co.uk/business/2017/09/30/monarch-airlines-brink-collapse-licence-operate-doubt/
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Offline smudge

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Re: Monarch "on brink of collapse"
« Reply #1 on: October 02, 2017, 07:24:41 AM »
All over as of 03:30 this morning.  Engineering division will continue operating but Monarch Airlines and Monarch Travel have gone into administration.

Announcement was timed to coincide with the landing of the last MON-coded flight:

https://www.flightradar24.com/data/aircraft/gzbao#f112ff3


Rescue flights in progress:

http://www.caa.co.uk/News/CAA-launches-flying-programme-to-bring-home-Monarch-customers/
« Last Edit: October 02, 2017, 12:08:47 PM by Angry Turnip »
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Offline gadwall58

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Re: Monarch "on brink of collapse"
« Reply #2 on: October 02, 2017, 08:37:52 AM »
I saw elsewhere that Qatar Aw A320's had positioned to Gatwick and Birmingham to undertake "rescue" flights of now stranded passengers.
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Offline Angry Turnip

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Re: Monarch "on brink of collapse"
« Reply #3 on: October 02, 2017, 12:10:52 PM »
Quote from: gadwall58 on October 02, 2017, 08:37:52 AM
I saw elsewhere that Qatar Aw A320's had positioned to Gatwick and Birmingham to undertake "rescue" flights of now stranded passengers.

Yeah,I read that too in a few places,also some talk of United aircraft being used.

Here is the latest on the situation from BBC News website..........http://www.bbc.co.uk/news/business-41464934
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Offline pavot

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Re: Monarch "on brink of collapse"
« Reply #4 on: October 02, 2017, 02:08:37 PM »
TUI rumoured to be sniffing around Monarch’s 737Max orders.
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Offline jasT1981

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Re: Monarch "on brink of collapse"
« Reply #5 on: October 02, 2017, 06:17:46 PM »
Quote from: Angry Turnip on October 02, 2017, 12:10:52 PM
Quote from: gadwall58 on October 02, 2017, 08:37:52 AM
I saw elsewhere that Qatar Aw A320's had positioned to Gatwick and Birmingham to undertake "rescue" flights of now stranded passengers.

Yeah,I read that too in a few places,also some talk of United aircraft being used.

Here is the latest on the situation from BBC News website..........http://www.bbc.co.uk/news/business-41464934

According to someone elsewhere there are 4 Air Transat aircraft sitting in Bordaux on stand by as of last night too.
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Offline rookie

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Re: Monarch "on brink of collapse"
« Reply #6 on: October 02, 2017, 09:35:44 PM »
It's not all bad

[attachment deleted by admin]
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Offline jasT1981

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Re: Monarch "on brink of collapse"
« Reply #7 on: October 02, 2017, 10:12:56 PM »
LOL..

Aer Lingus, Virgin, Easyjet and I believe BA are apparently holding open days for pilots and have sent out invites to Monarch pilots.
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