Author Topic: Stop Press  (Read 221941 times)

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squigglev2

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Re: Stop Press
« Reply #1574 on: October 02, 2017, 01:24:02 PM »
I have never l have never flown in a plane (did have a short trip in a small helicopter I enjoyed) but I've a feeling my parents used to like the company when late 80s and/or early 90s they did some Greek Island hopping (land at Santarini and make your own way, eg. to Schinoussa???) so maybe it's a shame they've gone.

What of the airline that often seems to be in the news (and it strikes me as just a reader, often presented as "baddies").  Are they likely to get through all their flight cancellations, arguments over compensations, etc. I read about?

Blongb

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Re: Stop Press
« Reply #1575 on: October 02, 2017, 03:41:32 PM »
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I have never l have never flown in a plane (did have a short trip in a small helicopter I enjoyed) but I've a feeling my parents used to like the company when late 80s and/or early 90s they did some Greek Island hopping (land at Santarini and make your own way, eg. to Schinoussa???) so maybe it's a shame they've gone.

What of the airline that often seems to be in the news (and it strikes me as just a reader, often presented as "baddies").  Are they likely to get through all their flight cancellations, arguments over compensations, etc. I read about?

At least the pilots from Monarch will be able to get work with Ryanair, even if it is in the short term, until something better tuns up ?{}?
-- Now I can only sit and stare--

Fester

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Re: Stop Press
« Reply #1576 on: October 02, 2017, 10:42:27 PM »
Analysts say that the main 2 reasons behind Monarch's collapse are...

1, Terrorist attacks.

2, Brexit.

What a terrible world we live in.
Fester...
- Semper in Excretum, Sole Profundum Variat -

Blongb

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Re: Stop Press
« Reply #1577 on: October 03, 2017, 07:25:43 PM »
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Analysts say that the main 2 reasons behind Monarch's collapse are...

1, Terrorist attacks.

2, Brexit.

What a terrible world we live in.

Monarch have had serious finance trouble since the Sousse and Sharm El-Sheikh terrorist attacks which made up the majority of their business, nothing to do with Brexit.  &shake&
-- Now I can only sit and stare--

Fester

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Re: Stop Press
« Reply #1578 on: October 03, 2017, 10:48:30 PM »
BlongB, you are wrong Sir, the company said it themselves.

They were on very thin margins as it was, competing on European routes.
Then, the day after Brexit, fuel (priced in dollars) went up over 25% and plunged them into a loss making situation from which it was impossible to trade out of.
It was the 2nd major reason for their collapse, as I originally said.

Fester...
- Semper in Excretum, Sole Profundum Variat -

Hugo

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Re: Stop Press
« Reply #1579 on: October 07, 2017, 04:48:12 PM »
I just hope that it isn't another terrorist attack


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