Breaking: Monarch Airlines ceasing ops

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luchtzak
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Re: Breaking: Monarch Airlines ceasing ops?

Post by luchtzak »

A total of 30 aircraft have been chartered.
300,000 passengers affected.

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SkyJet
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Re: Breaking: Monarch Airlines ceasing ops?

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Flights planned today will be operated by/using flightnumbers of British Airways, Hi Fly, Titan, Smart Lynx, Air Transat, Wamos, Freebird, Easyjet.

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Re: Breaking: Monarch Airlines ceasing ops

Post by sn26567 »

An opportunity for Ryanair: they can immediately hire the Monarch pilots who just lost their jobs.
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SkyJet
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Re: Breaking: Monarch Airlines ceasing ops

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sn26567 wrote: 02 Oct 2017, 09:28 An opportunity for Ryanair: they can immediately hire the Monarch pilots who just lost their jobs.
Do you think O'Leary will finance the Type Rating conversion? :D

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Re: Breaking: Monarch Airlines ceasing ops

Post by Bralo20 »

Just short of their 50 years in operation celebration though the company itself was founded in 1967... Sad.

However it might create some opportunities, quite a few not to old A320/A321's will enter the market and 45 slots for 737's are open for grabs with deliveries starting as early as Q2/18.

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Re: Breaking: Monarch Airlines ceasing ops

Post by luchtzak »

The final Monarch flight landed this morning 4:30 (UTC +2) from Tel Aviv to Manchester as ZB3785

https://twitter.com/flightradar24/statu ... 5623287808

Sidenote: all the efforts to keep Air Berlin afloat, has there been enough effort to keep Monarch alive ?

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Re: Breaking: Monarch Airlines ceasing ops

Post by sn26567 »

The CAA has done a terrific job. In one weekend (including nights) they have rescheduled all 110,000 stranded passengers, finding planes at Qatar and Air Transat.

Just one question: why did they not requisition the available Monarch planes and pilots instead of chartering Qatar and Air Transat planes that had to come in from far away?
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lumumba
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Re: Breaking: Monarch Airlines ceasing ops

Post by lumumba »

luchtzak wrote: 02 Oct 2017, 10:59 The final Monarch flight landed this morning 4:30 (UTC +2) from Tel Aviv to Manchester as ZB3785

https://twitter.com/flightradar24/statu ... 5623287808

Sidenote: all the efforts to keep Air Berlin afloat, has there been enough effort to keep Monarch alive ?
I think there is no point to save Monarch because it's a pure charter airline so the market is there anyway...

It's not the same for Air Berlin they created a market al around so there is a value for Germany to keep this market!
Hasta la victoria siempre.

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Re: Breaking: Monarch Airlines ceasing ops

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sn26567 wrote: 02 Oct 2017, 11:19 ...
Just one question: why did they not requisition the available Monarch planes and pilots instead of chartering Qatar and Air Transat planes that had to come in from far away?
I guess as Monarch's AOC is revoked these aircraft aren't listed on any valid AOC...

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Re: Breaking: Monarch Airlines ceasing ops

Post by Passenger »

The UK CAA, as administrator of the ATOL protection scheme, has opened a special web page for Monarch:
https://monarch.caa.co.uk/

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luchtzak
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Re: Breaking: Monarch Airlines ceasing ops

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Passenger wrote: 02 Oct 2017, 13:03 The UK CAA, as administrator of the ATOL protection scheme, has opened a special web page for Monarch:
https://monarch.caa.co.uk/
What's an ATOL ?

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KriVa
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Re: Breaking: Monarch Airlines ceasing ops

Post by KriVa »

By law, every UK travel company which sells air holidays and flights is required to hold an ATOL, which stands for Air Travel Organiser’s Licence.

If a travel company with an ATOL ceases trading, the ATOL scheme protects customers who had booked holidays with the firm. It ensures they do not get stranded abroad or lose money.
from UK CAA
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Re: Breaking: Monarch Airlines ceasing ops

Post by Passenger »

luchtzak wrote: 02 Oct 2017, 13:26
Passenger wrote: 02 Oct 2017, 13:03 The UK CAA, as administrator of the ATOL protection scheme, has opened a special web page for Monarch:
https://monarch.caa.co.uk/
What's an ATOL ?
It's the U.K. Air Travel Organiser's Licence. Monarch had such licence, renewal date 01/10, but the CAA didn't extend it. Hence this topic...
https://www.gov.uk/air-travel-organisers-licence

I don't know yet why the CAA didn't extend Monarch's ATOL - probably because Monarch's financial status became too weak.

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Re: Breaking: Monarch Airlines ceasing ops

Post by SkyJet »

luchtzak wrote: 02 Oct 2017, 13:26
Passenger wrote: 02 Oct 2017, 13:03 The UK CAA, as administrator of the ATOL protection scheme, has opened a special web page for Monarch:
https://monarch.caa.co.uk/
What's an ATOL ?
ATOL = Air Travel Organiser’s Licence
If a travel company with an ATOL ceases trading, the ATOL scheme protects customers who had booked holidays with the firm. It ensures they do not get stranded abroad or lose money.

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SkyJet
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Re: Breaking: Monarch Airlines ceasing ops?

Post by SkyJet »

SkyJet wrote: 02 Oct 2017, 09:26 Flights planned today will be operated by/using flightnumbers of British Airways, Hi Fly, Titan, Smart Lynx, Air Transat, Wamos, Freebird, Easyjet.
Update:
Additional capacity was (sub)leased in:
  • Air Transat [A313+A332]
  • British/Qatar [A320]
  • FreeBird [A320]
  • HiFly [A332] + HiFly Malta [A343]
  • Miami Air [B738]
  • Titan [B733, B752,B763] + SmartLynx [A320] + Plus Ultra [A343] + Orange2Fly [A320] + Orbest [A333] + Blue Panorama [B738]

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Re: Breaking: Monarch Airlines ceasing ops

Post by sn26567 »

As I mentioned earlier, the vultures are already flying around the remnants of Monarch: IAG officially expressed an interest in acquiring some of the Monarch take-off and landing slots, fleet and crew. easyJet, Norwegian, and others are certainly also making plans to bid for part of the Monarch business.
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Re: Breaking: Monarch Airlines ceasing ops

Post by sn26567 »

On the other hand, Monarch Aircraft Engineering (which has not been declared bankrupt) signed a base maintenance agreement with Virgin Atlantic to carry out C1 checks for its B787-9 fleet between 2017 and 2021. All the maintenance work will be carried out at Birmingham Airport, due to commence at end September 2017.

Virgin Atlantic must have shown a sigh of relief!
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Re: Breaking: Monarch Airlines ceasing ops

Post by sn26567 »

Monarch Airlines' collapse is said to cost €300 million, according to owner Greybull Capital (UK), as the carrier was grounded due to the sterling’s weakness, terrorism in the Middle East and Brexit.

Monarch administrators said 1,858 of around 2,100 people employed across the airline and tour group had now been made redundant.
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Re: Breaking: Monarch Airlines ceasing ops

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Monarch workers’ union launched legal action against the collapsed airline, alleging the company broke the law by failing to consult on redundancies.
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Re: Breaking: Monarch Airlines ceasing ops

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Boeing injected more than US$130 million into now-defunct Monarch Airlines, with several tranches between October 2016 and March 2017 via the airline’s offshore holding company Petrol Jersey. The bailout was originally reported to have come from the carrier’s private equity owner Greybull Capital (UK).
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