Category Archives: Monarch Airlines

Monarch Airlines shuts down completely

Monarch Airlines (Monarch.co.uk) Airbus A320-214 WL G-ZBAB (msn 5581) PMI (Ton Jochems). Image: 912771.

Monach Airlines (London-Luton) on October 2, 2017 announced it was ceasing all operations and would no longer be doing any further business, stranding thousands of passengers. Monarch started operations on April 5, 1968.

The airline issued this statement:

Monarch has confirmed that the following companies have ceased trading and now entered administration:

  • Monarch Airlines Ltd
  • Monarch Holidays Ltd (ATOL Number 2275)
  • First Aviation Ltd (ATOL Number 4888) previously trading as Monarch Airlines
  • Avro Ltd (ATOL Number 1939)
  • Somewhere2stay Ltd

As a result, we are sorry to inform you that, as of October 2, 2017, all future holidays and flights provided by these companies have been cancelled and are no longer operating.

This is an unprecedented situation and because there are up to 110,000 passengers abroad, the UK Government has asked the CAA to coordinate flights back to the UK for all Monarch customers currently overseas. These new flights will be at no extra cost to you.

If you are already abroad you will find all the information you need about your new flight on this website.

If you are due to depart from a UK airport with Monarch Airlines today or in the future, please do not travel to your UK airport as your flight will not be operating.

Customers already abroad

If you are currently abroad and due to return to the UK on or before 15 October 2017 we are making arrangements for you to return home to the UK on a new flight, at the end of your holiday. These new flights will be at no extra cost to you.

We will of course prioritise vulnerable passengers, including unaccompanied minors, and make sure that family groups travel on the same flights.

For further advice and details of your new flight please read I am currently abroad.

If you are currently abroad and due to return to the UK after this date, please read the additional information section.

Customers yet to travel out of the UK

We are sorry to inform you that all future holidays and flights booked with Monarch are now cancelled as of 2 October 2017.

If you are booked on a Monarch Airlines flight, please do not go to your UK airport, as your flight will not be operating.

Further information is available at I have a future booking and have not travellled yet.

Copyright Photo: Monarch Airlines (Monarch.co.uk) Airbus A320-214 WL G-ZBAB (msn 5581) PMI (Ton Jochems). Image: 912771.

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Monarch Airlines increases its Boeing 737 MAX 8 order

Boeing and Monarch Airlines have announced an order for 15 additional 737 MAX 8s. Valued at $1.7 billion at current list prices, the order will grow Monarch’s 737 MAX fleet from 30 to 45 airplanes.

The order was previously attributed to unidentified customers on the Boeing Orders & Deliveries website. Monarch has confirmed the 15 options and has agreed with a lessor for them to take 13 aircraft for lease back to Monarch.

Additionally Boeing also announced that the UK carrier has selected Boeing’s Global Fleet Care — formerly known as GoldCare — for its entire 737 MAX fleet.

Through Global Fleet Care’s Integrated Fleet Solution, Boeing will deliver maintenance, engineering and parts required to run Monarch’s MAX operations following the delivery of its first airplane in 2018.

Monarch has also selected Boeing as its flight training provider for its 737 MAX fleet and will be entering into an agreement with Boeing subsidiary AerData for services pertaining to aircraft records management.

Image: Boeing.

Monarch Airlines leases a Boeing 737-800 for the summer

Summer lease for crew familiarization for upcoming 737 MAX 8s

The pictured Pegasus Airlines TC-AAY is seen arriving at the Birmingham base on May 18, 2017 on lease for the summer for crew familiarization before the new Boeing 737 MAXs arrive.

The new type will be operated this summer as G-ZBAV.

Copyright Photo: Monarch Airlines Boeing 737-82R WL TC-AAY (G-ZBAV) (msn 40874) BHX (Ian Bowley). Image: 937834.

Greybull Capital finalizes its £165 million investment in Monarch Airlines

Monarch 737 MAX 8 (11)(Flt)(Boeing)(LR)

Monarch Airlines on October 12, 2016 announced the biggest investment in its 48 year history, a £165 million ($202.4 million) investment from its majority shareholder, Greybull Capital.

As a result of this investment Monarch has successfully renewed its ATOL licences from the CAA for the next 12 months and funded future growth plans.

In October 2014, Monarch announced an order for 30 Boeing 737 MAX 8 aircraft (above), with options for a further 15 planes. The first of these aircraft is due to be delivered in 2018.

The arrival of these state-of-the-art, fuel efficient aircraft in less than two years’ will enable Monarch to continue to provide passengers with a best in class inflight experience and allow the company to enjoy significant operational cost savings.

Andrew Swaffield, Chief Executive Officer of The Monarch Group, commented: “It is testament to the extensive effort by all parties, over the past weeks and months, that we are able to announce the largest investment in our 48-year history, as well as the renewal of our ATOL licences.

“I’d like to thank the CAA, our shareholders, partners, loyal customers and the team at Monarch for helping us to achieve this successful outcome. We are now firmly focused on the future as a stronger Monarch.”

Seabury Group LLC and Seabury Securities (UK) Ltd. served as financial advisor with respect to the recapitalisation.

Image: Boeing.

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Monarch to add five winter routes from London Gatwick and Manchester

Monarch Airlines (London-Luton) will add five winter routes starting in December from London (Gatwick) and Manchester. From LGW, the carrier will add seasonal service to Innsbruck (December 5), Geneva (December 12) and Salzburg (December 19). From MAN, the airline will add Geneva (December 19) and Lyon (December 20) with Airbus A320s and A321s per Airline Route.

Copyright Photo: Terry Wade/AirlinersGallery.com. Airbus A321-231 G-OZBT (msn 3546) completes its final approach to the runway at London (Gatwick).

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Monarch Airlines reduces its six-month loss

Monarch Airlines (London-Luton) reported a loss of £69.9 million ($106.7 million) for the six months ending on April 30. This is an improvement of a loss of £110.6 million ($168.8 million) for the same half year period in 2014.

The airline issued this financial statement:

Monarch logo-1

Monarch, the European leisure airline group, has reported a half year loss of £69.9 million, down from £110.6 million for the same period last year. Winter losses, for the November to April period, were down by a bigger than forecast £40 million.

Monarch has completed the final phase of the restructuring program begun last year and has created a revitalized, entirely scheduled network of destinations for discerning leisure customers. The Monarch turnaround is firmly on track.

Monarch has undertaken a range of measures to remove £200 million in annual costs from the business, including restructuring of its network and fleet, improved revenue management and modernised working practices. £30 million of the reduction in winter losses is due to the success of this self-help turn around program, with the remaining £10 million due to additional savings in fuel costs.

Overall, this has resulted in a strong first half performance. The group is now focused on building on the heritage of the Monarch brand and creating a truly customer centric organisation.

Chief Executive Officer, Andrew Swaffield said; “We remain positive that the changes we have made to the structure of the group, the network and our cost base have set us in good stead to achieve the turnaround. It is thanks to the hard work of all 2,800 colleagues employed directly by the company, both on the ground and in the air, that we are focused on service and safety whilst maintaining a low cost base. These elements will help Monarch to build a sustainably profitable business.”

Chief Financial Officer, Barry Nightingale said; “Our winter performance was better than forecasted with substantially reduced losses.

“We have seen stable booking trends throughout the last 6 months and have seen good summer sales in key months which will help us to deliver against a challenging plan.

“Improved revenue management has played a key part in the turnaround results but, additionally we have put a lot of work into segmenting our customer groups and have been able to take a customer centric approach to reshape our network around increased frequencies to our most popular destinations. We have also added new scheduled routes taken from our portfolio of destinations previously served as charter routes to provide a better service and increased flexibility to customers.”

Earlier this year, Monarch launched a group wide employee bonus scheme to reward the commitment and hard work of all employees. Key performance indicators are aligned to company performance and the punctuality of the airline.

Andrew Swaffield said; “It’s clear that people who work for Monarch genuinely care about the company and our customers. That is directly reflected in the great service and natural warmth which comes as standard.

“The bonus scheme is designed to ensure that we focus on the right things such as company performance and airline punctuality (OTP). This year we have already improved, and our average OTP figure for the first six months is 83.2%, compared to 80% for the same period last year.”

Having recently celebrated 47 years of flying under the Monarch name, work has now begun to transition the airline to its new fleet of Boeing 737 MAX 8 aircraft (below) which will start coming into service in April 2018.

Monarch 737 MAX 8 (11)(Flt)(Boeing)(LR)

The airline confirmed this order in autumn 2014 to replace its current Airbus fleet by 2020. Each of the thirty new Boeing 737 MAX8 aircraft will deliver further savings on future fuel costs and contribute to the airline’s sustainable low cost base.

Alongside the scheduled airline operations, Monarch’s in-house engineering division has enjoyed growth in third party business and has opened a new maintenance base in Copenhagen. Monarch Aircraft Engineering was recently shortlisted for Maintenance, Repair & Overhaul company of the Year at this years’ industry Awards. The priority for this valuable group asset is to improve its efficiency and make a bigger contribution in the years to come.

Monarch’s tour operating business has seen strong year-on-year growth in on-line bookings, offsetting some category weakness in high street sales. Key markets in the Canaries and mainland Spain have grown in line with the airline’s scheduled operations to key city destinations. Packages to Egypt are seeing some recovery after an unsteady past two years. Greece continues to perform well, despite economic uncertainty and aggressive competition.

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Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Monarch will replace its current Airbus fleet with new Boeing 737 MAX aircraft by 2020. Airbus A321-231 G-OZBE (msn 1707) arrives in Las Palmas.

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Monarch retires its last Airbus A330, becomes a completely scheduled airline

Monarch Airlines (London-Luton) officially retired its last Airbus A330 from revenue service on April 30. The last flight, operated by the pictured Airbus A330-243 G-EOMA (msn 265), was a short trip between the carrier’s two bases of London Gatwick and Birmingham and arrived to the signature water canon salute. Collectively, the A330 racked up over 30 million miles for the UK carrier. But as one door closes, another opens. The ending of A330 operations marked the beginning of a new age for Monarch, as it has completed it’s transition to a fully scheduled airline.

The airline said through it’s Facebook page on April 30:

Monarch logo-1

“Today the last remaining Airbus A330 in Monarch’s fleet operated its last flight for the airline, leaving the London Gatwick airport at 2.20 pm (1420) and landing at Birmingham Airport at 3.20 pm (1520).

This special day also marks a new chapter for us, as we become a completely scheduled airline.

We are very excited to see what the future holds and look forward to flying you to the best city and sun destinations in Europe!”

Report by Assistant Editor Oliver from Manchester.

Copyright Photo: Paul Denton/AirlinersGallery.com. G-EOMA lands at Geneva prior to the last flight.

Monarch Airlines aircraft slide show: AG Airline Slide Show

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