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Monarch Airline, collapse?

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Andrew View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Andrew Quote  Post ReplyReply Direct Link To This Post Topic: Monarch Airline, collapse?
    Posted: 30/September/2017 at 13:59
This doesn't bode well... second time in a year as well. Fingers crossed it gets sorted.

https://www.thetimes.co.uk/article/monarch-airline-may-be-close-to-collapse-6csjng90z#
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Andrew Quote  Post ReplyReply Direct Link To This Post Posted: 30/September/2017 at 20:08
They've been given a 24 hour stay of execution, this is not looking good! ☹️
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Algarveaddick Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 07:40
Pants. Might mean the demise of a certain quiz - and us losing €... Not to mention your poor nephew losing his job. 

I dont know
Go away Duchatalet
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 10:20
It's a harsh world out there. Too many airlines, fighting for too few passengers willing to pay more than peanuts for flights, in a highly seasonal business on many routes.
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www.algarvebus.info public transport information for the Algarve
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cheekygirl Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 11:38
Let me get home first.... there again on second thoughts good excuse for staying :)
Loving it in the sun

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Andrew Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 11:51
Too true AA, plus we'll be stranded out here!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wireman Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 11:57
Isn't the issue around their ATOL licence for package holidays? Therefore in theory flight only customers potentially should be OK. Well at least I'm hoping so as we are using them in 2 weeks time, or maybe not!Confused
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Algarveaddick Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 12:25
Originally posted by Wireman Wireman wrote:

Isn't the issue around their ATOL licence for package holidays? Therefore in theory flight only customers potentially should be OK. Well at least I'm hoping so as we are using them in 2 weeks time, or maybe not!Confused

Knock on effect apparently Les. If the holiday side goes belly up, no one is going to have the confidence to book flights, commit to contracts with them etc, so the demise of the company becomes inevitable...    
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Andrew Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 14:29
Yes, it is confusing, there are two trains of reports. One is as Les queries, the BBC website actually states that flight only bookings won't be affected whatever happens, other agencies say if they don't get a renewal, or extra time to do so, the lot will cease to function and 100,000 passengers currently abroad will be stranded.
There are two deadlines reported, a CAA decision by no later then 4.00pm today, and a 24 hour extension which gives them until midnight tonight.
The only thing we can do at the moment is wait and see.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wireman Quote  Post ReplyReply Direct Link To This Post Posted: 01/October/2017 at 15:48
Ok, we may or may not be over in a couple of weeks. Watch this spaceConfusedCry.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DICEYUK Quote  Post ReplyReply Direct Link To This Post Posted: 02/October/2017 at 05:13
Gone

Monarch Airlines has ceased trading and all of its future bookings have been cancelled, the Civil Aviation Authority has said.
I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Big Col Quote  Post ReplyReply Direct Link To This Post Posted: 02/October/2017 at 07:43
Sad news indeed. The 5th biggest British airline goes into administration and the CAA launch the biggest peacetime repatriation exercise.

"Customers abroad: Everyone due to fly in the next fortnight will be brought back to the UK at no cost to them. There is no need to cut short a stay
Customers currently overseas should check monarch.caa.co.uk for confirmation of their new flight details - which will be available a minimum of 48 hours in advance of their original departure time."

All affected customers should keep checking monarch.caa.co.uk for more information
Colin
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Andrew Quote  Post ReplyReply Direct Link To This Post Posted: 02/October/2017 at 08:56
Sad news.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Richardk Quote  Post ReplyReply Direct Link To This Post Posted: 02/October/2017 at 09:19
Hope you get back ok Andrew (& any others) but as already said it will be difficult for the employees to pick up work quickly as the holiday business goes into winter shutdown.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote simpson Quote  Post ReplyReply Direct Link To This Post Posted: 02/October/2017 at 16:13
one of the better airlines such a shame
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