We’re booked to go to greece next week with Monarch.

Should I be concerned? Should I do anything special other than wear bus plane pants?

Are you concerned about Greece or Monarch??

Daughter works for Monarch, she’s not concerned………you might want to be though?!

Sorry, no help at all. But I was under the impression that if there were problems the CAA has planes waiting in the airports to take over where Monarch left off

I’m booked on Monarch later in the month. If nearer the time there is still any uncertainty I would make sure I know what my rights are under ATOL! But for the return I’d make sure phone is charged; have appropriate contact numbers in the phone; have some spare cash; have a spare set of clothes in my carry on

SiB – Im 99.99% certain that isn’t the case. If Monarch went bust, the CAA may well ask all carriers with capacity to help out, but there is no magical standby fleet just waiting for emergencies.

Once people lose faith in a carrier, it can become a self fulfilling prophecy. Fingers crossed for all the Monarch employees that a solution is found.

In one paper yesterday they had a article saying Monarch was receiving hundreds of millions in financing and had placed a order for lots of new aircraft securing the airlines future.

^^^ I am not sure placing orders for new planes years in the future secures anything, personally it looks more like an attempt to disguise something. There is clearly something wrong at Monarch, whether it is terminal ( 😉 ) I could not say

I fly with them quite often, decent enough, didn’t know they were in difficulties, last two flights the planes were really new..had tablet holders built into the seat backs.

I use them a fair bit too and they are usually competitive v rivals. However I am getting daily emails from Ryanair and ez with 20% off so I suspect they are going in for the kill. Be a shame I like choice and competition.

Make sure you have paid for your luggage to go as well.

What’s the CAA got to do with the airline schedules? That can’t tell airlines where to fly or order them to maintain capacity. If monarch go bust you’ll lose your ticket. The slots will be taken up by other airlines, which you can purchase new tickets with from your insurance claim.

It’s very unlikely they’ll go bust though. The value of airlines is in the airport slots they own – far more valuable than aircraft. So if they have good slots they can usually leverage finance to keep them flying, just like they have recently.

http://www.independent.co.uk/travel/news-and-advice/monarch-latest-flights-bookings-cancellations-refunds-compensation-bust-caa-atol-a7342631.html

Looks like there is a shadow fleet (whatever that is).

If they do go under it’s a massive shame. Apparently they still stand to make £40m profit this year, as usual cash flow really is the most important thing.

I’m booked to fly out to gran canaria with them on saturday, back the week after.

My reading suggests it will be ok – once I’m out there atol protection will get me back home again. If they go bust before I fly out I get my money back and book something else. Fingers crossed!

Flew to the Algarve I week ago last Sat, flew back Sat just gone.
Knew nothing about any of this tis I saw this thread just now.
Make of that what you will!

Oh piss.
Just helped my girlfriend book flights for her and her mum to Rome later this month. Had no idea about any of this 😐

Their Atol licence has been extended till end of october on the promise they are to get more money .

Here you go:

http://www.telegraph.co.uk/business/2016/10/01/monarch-bounces-back-with-giant-plane-order/

That’s a PR spin ^ though. Anyone can release a positive news press story.

Hope they survive. We flew with them a few weeks ago, seamless both ways and friendly staff.

I booked last year to fly to Florida this July. They were shaky enough then that I had serious reservations and found alternative flights.

Thye are not in the best shape, and the negative publicity they are getting now will result in reduced numbers and make them even shakier.

It makes you wonder how awful carriers like Ryanair survive.