Bosses at Monarch Airlines were given 24 hours to save the low-cost carrier yesterday as officials raced to put together a rescue plan for up to 100,000 holidaymakers who could be stranded overseas.
I was wondering why quite so many emails about seat sales….
If Monarch goes belly up then at least O’Leary will have access to more pilots
Monarch has already been bailed out at least once before this year. I think this is their end.
What’s their core problem?
Too much debt? Union/staff? Purchased rather than leased aircraft?
Pcar – some say because people aren’t so keen on holidaying in terrorist hot spots or Turkey these days.