Author Topic: Monarch?.  (Read 15031 times)

0 Members and 1 Guest are viewing this topic.

Offline stoop

  • Cerial Killer
  • Global Moderator
  • Prolific Member
  • *****
  • Posts: 17649
  • Age: 68
  • Location: York, North Yorkshire
Re: Monarch?.
« Reply #10 on: September 26, 2016, 08:31:41 AM »
Sounds hopeful! I just hope the social media frenzy hasn't damaged them beyond repair!

We are looking to next summer and unless we can get a great deal with EJ we will be back with monarch!




Offline stoop

  • Cerial Killer
  • Global Moderator
  • Prolific Member
  • *****
  • Posts: 17649
  • Age: 68
  • Location: York, North Yorkshire
Re: Monarch?.
« Reply #11 on: September 26, 2016, 09:22:07 AM »
"Over the weekend, there has been negative speculation about Monarch’s financial health.

Monarch is trading well and is expected to achieve an EBITDA of over £40m at the end of this financial year (October 2016). This is despite a difficult period for the holiday industry due to terrorist incidents, Brexit and the resulting devaluation of sterling.

Our flights and holidays are operating as normal, carrying Monarch customers as scheduled.

To weather tougher market conditions and to fund its ongoing growth, Monarch expects to announce a significant investment from its stakeholders in the coming days."

Offline legless

  • Muppet on Wheels
  • Global Moderator
  • Sr. Member
  • *****
  • Posts: 2727
  • Location: United Kingdom
Re: Monarch?.
« Reply #12 on: September 26, 2016, 11:09:35 AM »
Flying with them next week, I hope 

Offline kevin3

  • Prolific Member
  • *****
  • Posts: 4419
  • Location: United Kingdom
Re: Monarch?.
« Reply #13 on: September 26, 2016, 11:41:40 AM »


   Good old Facebook.             I'm looking forward to THEIR demise.        ;)

Offline Lotty

  • Sr. Member
  • ****
  • Posts: 2903
  • Location: United Kingdom
Re: Monarch?.
« Reply #14 on: September 26, 2016, 15:00:21 PM »
Hopefully it will have resolved itself by mid October for my return flight to UK. Although . . . .    ;)

Offline faymoore

  • Full Member
  • ***
  • Posts: 222
  • Age: 67
  • Location: Peterborough Cambs.
  • Enjoy your life,this is not a dress rehearsal!
Re: Monarch?.
« Reply #15 on: September 26, 2016, 19:36:28 PM »
Hopefully it will have resolved itself by mid October for my return flight to UK. Although . . . .     ;)

Thinking the same Lotty..we are due to fly back to UK on the 14th.
Thing is we have been here since mid August ( on 90/180 day visa) lol  :)

Offline Cavfan

  • Prolific Member
  • *****
  • Posts: 3022
  • Age: 61
  • Location: United Kingdom
Re: Monarch?.
« Reply #16 on: September 26, 2016, 20:24:38 PM »
Just booked and paid for flights to Naples for next year from Leeds! Was thrilled to be able to go from our local airport , now not so thrilled! Hope the no smoke without fire adage is not true in this case !

Offline BernieTeyze

  • Sr. Member
  • ****
  • Posts: 2788
  • Age: 63
  • Location: United Kingdom
Re: Monarch?.
« Reply #17 on: September 26, 2016, 21:12:34 PM »
I know there's me saying friends going 13th, when I'm there n back November for new Grandboy!  Don't know which way is up at moment   :)

Offline kenkay

  • Radcliffe, Manchester, UK
  • Sr. Member
  • ****
  • Posts: 2738
  • Age: 79
  • Location: Radcliffe, United Kingdom
Re: Monarch?.
« Reply #18 on: September 29, 2016, 11:44:21 AM »
I fly home with them on 10th October and I have flights booked for May and September 2017. My daughter has worked for the for 16 years and still does but at the moment I'm saying nowt except the gob****es on social media should keep it shut. Rumour mongering can bring companies down  >:(

Offline JohnF

  • Administrator
  • Prolific Member
  • *****
  • Posts: 4322
Re: Monarch?.
« Reply #19 on: September 29, 2016, 12:21:20 PM »
I'm saying nowt except the gob****es on social media should keep it shut. Rumour mongering can bring companies down  >:(

Well maybe their chief exec Andrew Swaffield should "keep it shut" as he was the one who came out in June and said they needed £35m of extra capital to see them through the winter.

Architects of their own (social media) downfall methinks.

JF




Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf