Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
CEO Of MyTravel Airways Defects To Monarch  
User currently offlineGilesdavies From United Kingdom, joined Dec 2003, 3052 posts, RR: 2
Posted (10 years 4 months 3 days 6 hours ago) and read 2924 times:

Another news story that must be sending shivers down the spines of the shareholders of MyTravel is that the CEO Jonathon Crick has defected from MyTravel Airways to Monarch Airlines to head their Low Cost Scheduled services.

In many respects this Jonathon Crick guy has taken a downwards move in his career ladder because instead of him being head of a whole airline as he was before, he is only heading there scheduled services. But Monarch are promising that their Scheduled Service will increase dramatically over the coming months and year.


http://www.flymonarch.com/cnt/news/index.asp?headlineID=273


13 replies: All unread, jump to last
 
User currently offlineTrident2e From , joined Dec 1969, posts, RR:
Reply 1, posted (10 years 4 months 3 days 6 hours ago) and read 2859 times:

Think you misread that. It's Tim Jeans who is moving from MyTravel - Jonathon Crick was already with Monarch and moves to a new post.

User currently offlineGilesdavies From United Kingdom, joined Dec 2003, 3052 posts, RR: 2
Reply 2, posted (10 years 4 months 3 days 6 hours ago) and read 2853 times:

Your right Im wrong...

Sorry about the incorrect names, I should have proof read it before posting this article. I tried clicking on the edit button but has disappeared!

Regards
Giles


User currently offlineWhitehatter From , joined Dec 1969, posts, RR:
Reply 3, posted (10 years 4 months 3 days 5 hours ago) and read 2835 times:

How can moving from a practically bankrupt and hopeless company, to one that is healthy, be a bad move for anyone?

A job is a job is a job......


User currently offlineHorus From Egypt, joined Feb 2004, 5230 posts, RR: 59
Reply 4, posted (10 years 4 months 3 days 4 hours ago) and read 2805 times:

MYT is really going down the drain. We've been hearing about their financial problems for almost 18 months...surprised they've survived that long, but would be great if they managed a turnaround.

Horus




EGYPT: A 7,000 Year Old Civilisation
User currently offlineGKirk From UK - Scotland, joined Jun 2000, 24964 posts, RR: 56
Reply 5, posted (10 years 4 months 3 days 4 hours ago) and read 2782 times:

Horus, dont worry, they'll survive...
 Smile



When you hear the noise of the Tartan Army Boys, we'll be coming down the road!
User currently offlineWhitehatter From , joined Dec 1969, posts, RR:
Reply 6, posted (10 years 4 months 3 days 4 hours ago) and read 2781 times:

IT's been going on for a lot longer than 18 months.

Bad investments were just the start of it, plus the whole rebranding exercise didn't work as they hoped. Airtours expanded like crazy with loads of borrowed cash, and paid top dollar for a lot of assets which then got substantially devalued for various reasons.

The banks are just keeping it alive to try and get some of their cash back before it all tanks.


User currently offlineFLYtoEGCC From United Kingdom, joined Feb 2004, 947 posts, RR: 2
Reply 7, posted (10 years 4 months 3 days 3 hours ago) and read 2772 times:

Sorry if this has been mentioned before... according to this month's Airliner World, as part of a major cost-cutting drive, MYT are getting rid of their entire Boeing fleet (3 767-300s and 5 757s) and the remaining DC-10-30, shedding 500 staff in the process. This accounts for nearly a third of its fleet. Things must be looking bleak.


Come fly with me, let's fly, let's fly away...
User currently offlineCKT789 From , joined Dec 1969, posts, RR:
Reply 8, posted (10 years 4 months 2 days 19 hours ago) and read 2724 times:

Didn't Tim Jeans originally move to My Travel to head up Lite?

User currently offlineDiesel1 From UK - Wales, joined Mar 2001, 1639 posts, RR: 11
Reply 9, posted (10 years 4 months 2 days 17 hours ago) and read 2700 times:

you got it CKT789...

He joined MyTravel from Ryanair

FLYtoEGCC - of course getting rid of aircraft and shrinking not expanding doesn't look good.
The move however makes sense as MyTravel will have less aircraft types in the fleet improving commonality and reducing maintenance costs etc..

They will also have less excess capacity for the quieter times of the year which will mean less need to lease aircraft out - so in general a more stable year round operation.

No doubt additional summer capacity (where needed) for the Airtours tour operator will come from chartering from other airlines - perhaps we'll see more examples of the arrangements in place with Air Scandic, Skyservice and Spanair at various UK airports this summer.



I don't like signatures...
User currently offlineTrident2e From , joined Dec 1969, posts, RR:
Reply 10, posted (10 years 4 months 2 days 17 hours ago) and read 2686 times:

Tim Jeans did originally go to MYT to head up their Lite division. However, last year he was promoted to be in charge of the entire aviation division.

User currently offlineDoorsToManual From , joined Dec 1969, posts, RR:
Reply 11, posted (10 years 4 months 2 days 16 hours ago) and read 2651 times:

Perhaps he might make Monarch more attractive to those of us that frequent LCCs - at the moment, Monarch are rather expensive for an airline that classes itself as low-cost. I've heard their service is/has been pretty good, but they do seem to charge for it!

cheers


User currently onlineMEA-707 From Netherlands, joined Nov 1999, 4358 posts, RR: 35
Reply 12, posted (10 years 4 months 2 days 15 hours ago) and read 2630 times:

I think Monarch had great value for money. In april I flew them BCN-MAN, had a delicious hot meal and free booze and a few drink rounds on board and that for only 55 GBP inclusive. I am sorry but it's not unlogical they started to charge for meals since, it was just too good to be true.


nobody has ever died from hard work, but why take the risk?
User currently offlineHorus From Egypt, joined Feb 2004, 5230 posts, RR: 59
Reply 13, posted (10 years 4 months 2 days 5 hours ago) and read 2533 times:

Hey Gkirk, I know its more likely they'll survive (and I want them to do it) but I hope they don't have to make any more siginificant cutbacks like their recent move to dispose of all the Boeing aircraft.

Horus




EGYPT: A 7,000 Year Old Civilisation
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Possiblities Of Qatar AIRWAYS/ETIHAD To Nairobi? posted Mon Mar 14 2005 13:41:23 by Jambo
CEO Of Tiger Airways.... Quits! posted Mon Oct 25 2004 03:52:59 by N754pr
MyTravel Airways Plans To Ground Boeing Fleet... posted Mon Jul 26 2004 18:46:26 by Crosswind
Free Tour Of Infinite Airways 777 To Airliners.net posted Sat Sep 22 2001 05:29:44 by Defunctairline
Martin George To Be New CEO Of Gulf Air? posted Sat Nov 18 2006 21:17:14 by GF-A330
CEO Of TAP Portugal To Head AEA posted Fri Feb 4 2005 11:35:46 by Hardiwv
Whatever Happened To Gary Toomey, CEO Of AN & NZ posted Mon Aug 9 2004 03:52:18 by 767er
MyTravel Airways Will Start To MIA posted Wed May 12 2004 07:09:49 by ScottysAir
US Airways Is To Fire 1/5 Of Its Employees posted Tue Sep 18 2001 07:34:20 by Kevin
Q & A With Gary Kelly, CEO Of Southwest posted Sat Nov 25 2006 20:03:38 by Laxintl