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Thread: I don't work there but hope they get out of this....

  1. #1
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    Default I don't work there but hope they get out of this....


  2. #2
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    Default Re: I don't work there but hope they get out of this....

    Not got news at all!!!!!!!!

  3. #3
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    Default Re: I don't work there but hope they get out of this....

    "One year on from the failure of Monarch Airlines, MAEL has successfully stabilised operations and transitioned to a standalone business.

    "It has built on its strong foundations as a leading, independent aircraft maintenance company and, under the leadership of its skilled and experienced management team, has strengthened its customer base through new contracts with customers including Thomas Cook Airlines, Virgin Atlantic and Vueling."

    It added: "The company's hangars in Luton and Birmingham are now fully utilised and operating at maximum capacity, with contracted work stretching throughout 2019
    ."

    The ownership structure, it said, was "unsustainable in the medium and longer term and the review is now necessary".

    "MAEL has made good progress in agreeing the terms on which the ownership structure and legacy issues will be resolved.

    "As part of this process, the MAEL balance sheet will be strengthened and management are confident that the process will be finalised by the end of this month.
    These are all good and should satisfy the Taxman to give MAEL a breathing space.
    I love this job

  4. #4
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    Default Re: I don't work there but hope they get out of this....

    Well said NS. A few Qs???? Why (how) did Sky break the news before management told the staff? Did management want to tell the staff? The Union should be all over this!!! Lest not forget their sister Co who went under as the staff wee at work!! The Board must have had advanced warning.......but didn't inform anyone!!!!!!

  5. #5
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    Default Re: I don't work there but hope they get out of this....

    AJS full of MAEL Vacancies
    need to get rid of Toxic Management esp at Brum

  6. #6
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    Default Re: I don't work there but hope they get out of this....

    Quote Originally Posted by unwantedB1 View Post
    AJS full of MAEL Vacancies
    need to get rid of Toxic Management esp at Brum
    Are the vacancies due to staff departure or new hands needed to cope with the new contracts indicated in the Sky news?
    I love this job

  7. #7
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    Default Re: I don't work there but hope they get out of this....

    The Taxman cometh!!!!

  8. #8
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    Default Re: I don't work there but hope they get out of this....

    Quote Originally Posted by tekno View Post
    The Taxman cometh!!!!
    And he is a cu*t.
    Alonso Hater

  9. #9
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    Default Re: I don't work there but hope they get out of this....

    Seems like the threat from the HMRC has passed over. Must have been a worrying time for all who work there. Wishing you all the best ����

  10. #10
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    Default Re: I don't work there but hope they get out of this....

    TTG News; Monday 15 October 2018
    Monarch engineering arm closing in on deal for 'significant funding'

    Monarch’s engineering arm has revealed it is nearing an agreement to secure a “significant funding commitment” from Greybull Capital.
    Read More at: https://www.ttgmedia.com/news/news/m...-funding-15741

    NS Comment: Funding as good as in the bag/bank.
    I love this job

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