IAG "circling Monarch assets"
#61
Join Date: Oct 2007
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Sadly it is all over for Monarch.
Sympathies to all their employees.
https://www.caa.co.uk/News/News-file...dministration/
Sympathies to all their employees.
https://www.caa.co.uk/News/News-file...dministration/
Sad to see another long standing airline fail.
Good luck to the employees.
#62
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Sad. I flew with them ALC - LGW as their fares were ridiculously cheap even at short notice and I had to be in London urgently. BA wanted a fortune. I thought that they were OK - nothing special one way or another. It's very sad for the people who worked there - and I imagine that Cityjet won't be long for this world either after their third sale in as many weeks and practically no routes to speak of.
The one that none none of you have mentioned is Vueling. I'd think that Monarch's legacy would fit neatly into their frame.
The one that none none of you have mentioned is Vueling. I'd think that Monarch's legacy would fit neatly into their frame.
#64
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#66
Moderator: British Airways Executive Club, Marriott Bonvoy
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FT members wishing to discuss the non-BA aspects of the Monarch collapse are requested to head over to the FT Other European Alrlines forum and post there.
#67
Join Date: Jun 2014
Location: Heathrow
Posts: 218
To answer the question above, the CAA and their ATOL scheme are paying, out of the levies made on package holiday sales. The contract for all these rescue flights has been awarded to Titan, who are using their own aircraft as well as chartering BA (who have in turn sub contracted to Qatar), and also air transat of Canada are providing 4 aircraft by some accounts (1xA310 and 3xA330).
I have no idea how many QR aircraft BA now have, I was told 5 initially but upon looking in our system we were showing ten, some operating from BHX where we don't even have engineers... I wasn't provided an answer before I went off shift at 0630 UKL...
They are all operating empty (positioning flights with a 'P' on the flight number) for the outbound legs, these flights are purely for bringing people home.
#68
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The trust is funded by a £2.50 per person levy on each holiday booking.
It is kept separate from the normal CAA budget.
What it does not cover (and nor does the tax payer) are those on flight only bookings - they will have to rely in their travel insurance / credit card protection.
#69
#72
Join Date: Aug 2013
Posts: 8,771
Dominic Casciani made a mistake on Today this morning when he said flight-only pax will have to pay for repatriation. There is nothing in the CAA statement to suggest that.
#73
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#74
Original Poster
Join Date: May 2013
Posts: 6,349
Not for those being repatriated. The CAA flights are seemingly being provided FOC to all ZB passengers currently abroad for the next fortnight, whether ATOL protected or not.
Dominic Casciani made a mistake on Today this morning when he said flight-only pax will have to pay for repatriation. There is nothing in the CAA statement to suggest that.
Dominic Casciani made a mistake on Today this morning when he said flight-only pax will have to pay for repatriation. There is nothing in the CAA statement to suggest that.
The CAA is not paying for put of pocket costs for non ATOL either.
There was some generic comment on the Fail website about IAG but clearly overtaken by events now.
https://www.google.co.uk/amp/www.dai...d-Monarch.html