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Monarch in administration
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 YT  Oxford 02 Oct 17 7.43pm |
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It's not a great time for royally-named enterprises. Palace... I'm selling my shares in Regal Hotels, just to be on the safe side.
Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes) |
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| rob1969 Banstead Surrey 04 Oct 17 7.32pm |
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Well don't feel any sympathy for the company as they refused my justified claim for compensation for a long delay, returning from Malaga, a couple of years ago. Sorry for most of the staff although the pilots will be OK, in great demand, however, reckon most will only join Ryanair as a last resort. I knew a Ryanair pilot who eventually managed to get a job with EasyJet - much to his delight. Edited by rob1969 (04 Oct 2017 7.32pm)
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| Midlands Eagle 05 Oct 17 6.23am |
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Originally posted by rob1969
Sorry for most of the staff although the pilots will be OK, in great demand, however, reckon most will only join Ryanair as a last resort. I expect that the Administrators will sell most of the assets to other airlines and whoever acquires the planes and routes etc will need to take on staff so hopefully many will quickly find alternative employment
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| Direwolf Lincoln 05 Oct 17 8.23am |
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Originally posted by YT
It's not a great time for royally-named enterprises. Palace... I'm selling my shares in Regal Hotels, just to be on the safe side. I've sold mine in Crown paints - got it covered.
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| Willo South coast - west of Brighton. 05 Oct 17 8.32am |
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Originally posted by rob1969
Well don't feel any sympathy for the company as they refused my justified claim for compensation for a long delay, returning from Malaga, a couple of years ago. Sorry for most of the staff although the pilots will be OK, in great demand, however, reckon most will only join Ryanair as a last resort. I knew a Ryanair pilot who eventually managed to get a job with EasyJet - much to his delight. Edited by rob1969 (04 Oct 2017 7.32pm) Issue is that Monarch fly Airbus aircraft whereas Ryanair have a Boeing fleet, hence there would have to be re-training on the different aircraft. In terms of the current situation regarding Monarch passengers, I am advised that Qatar Airways are involved in operating the Monarch flights. Edited by Willo (05 Oct 2017 8.38am)
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| chris123 hove actually 05 Oct 17 8.32am |
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Originally posted by YT
It's not a great time for royally-named enterprises. Palace... I'm selling my shares in Regal Hotels, just to be on the safe side. At least Monarch was owned by private equity - so no conventional shareholders.
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| Pikester Worthing 05 Oct 17 9.00am |
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Originally posted by Direwolf
I've sold mine in Crown paints - got it covered. Must be quite an emulsional day for you...
You fed me, you bred me, I'll remember your name. |
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| hedgehog50 Croydon 05 Oct 17 9.26am |
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Originally posted by Pikester
Must be quite an emulsional day for you...
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| Direwolf Lincoln 05 Oct 17 4.57pm |
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Originally posted by Pikester
Must be quite an emulsional day for you... Yes - it is difficult to put any sort of gloss on this or to paper over the cracks.
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| madcap_v2 SE25 / Ibiza 06 Oct 17 5.37pm |
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Flew out to Portugal (with Ryanair) the morning Monarch went into administration. Sadly, I was due to fly back with Monarch yesterday. Risked it and got flown back by a BA operated Qatar Airways plane, no probs, no delay and no additional cost (to me), yesterday. Edited by madcap_v2 (06 Oct 2017 5.38pm)
La la la your mum |
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| Dave58 Ipswich 07 Oct 17 9.15pm |
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Both Alitalia and air Berlin went into administration some while ago, and yet are still flying thanks to government bailouts. Yet ours let's it close? Sorry for all the staff that will lose jobs.
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| chris123 hove actually 07 Oct 17 9.33pm |
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Originally posted by Dave58
Both Alitalia and air Berlin went into administration some while ago, and yet are still flying thanks to government bailouts. Yet ours let's it close? Sorry for all the staff that will lose jobs. Don't know about air Berlin,, but Alitalia's main creditor was the Italian Government. And Monarch is a PE owned business and the fund didn't want to put any more money in and that made in impossible for the CAA to renew the operating licence. So not sure what you want our Gov to do?
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