Articles tagged “Monarch”

Brexit might end up being pretty painful for the European aviation industry, especially those airlines with big operations into and out of the UK. Will Wizz Air be able to take advantage of this turbulence? We'll have to wait and see.

Are there enough airline pilots to go around? There's no agreement on whether there's a crisis, but some airlines are at a greater disadvantage than others.

While there might be too many European airlines, Monarch's demise shouldn't necessarily be seen as being symptomatic of wider industry problems. Like Alitalia and Air Berlin before it, the UK-based airline and tour operator had plenty of self-inflicted wounds that were exacerbated by external issues.

EBITDA is a pretty useless at telling you anything about the real profitability of a company. We’ll have to wait until it publishes audited accounts sometime next year.

Monarch had been brought into the Civil Aviation Authority’s ATOL scheme following its near collapse in 2014. Although on the surface its departure might look worrying, it is actually reassuring that it is now able to start behaving like other airlines.

Monarch’s immediate future may have been secure but its already fragile reputation has taken another hit. The proof of its viability as an airline and tour operator will be when it starts to produce profits on a regular basis.

Monarch’s history of financial struggles means that this isn’t likely to be the end of the saga. The company is talking about new investment but until this goes through, questions will continue to be asked about the company’s future.