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I'd be interested to see how much money Roger Allard made out of this ........!!
Thank god we have such an ultra efficient CAA available to pre-empt such a possibility happening. Imagine the outcome if the worst had indeed happened and no contingency plans in place. Not worth thinking about. WELL DONE THE CAA.
it is encouraging ABTA are at least asking some Questions
I hope Noel drives this it is a huge scandal and a chance for ABTA to become relevant again in the changing industry and be a credible and powerful voice and body for the independents and Vis/LCs and not a patsy to the CAA who are proving again that they are not fit for purpose by seemingly showing no business acumen or offering any transparency for this expenditure.
it is a well known fact confidential information leaks like a colander from the CAA its proven by the Monarch debacle hitting the public domain last fall when in fact it should have been highly confidential , the fact that the CAA talked to Aviation Brokers and then contracted Aircraft to be on Standby and these airlines then slot coordinated these Aircraft was a sure fire recipe to ensure it was all over the market and as a result Monarchs bookings collapsed and so nearly did a company that has been in business since 1968 and now will hopefully enjoy its 50th anniversary next year but only due to the fact Grey Bull refinanced in what must have been even more difficult circumstances due to the CAA careless and damaging actions that I agree were reckless.
How can you spend almost £30 000 000 securing available Aircraft in the market just to sit idle on standby? These carriers I believe United and Titan Airways had the metal available so if they had even offered let us say £100 000 per Aircraft per week to sit on SBY then 20 Aircraft x 2 weeks would of cost £4 000 000.
I know it was nothing like 20 Aircraft that were being held it was no more than 8 so if you do the math it would appear each Aircraft on Standby cost over £ 3 000 000
each - You can buy a A320 brand new for $40 m so in effect the CAA could of gone out a brought 2 or 3 10 year old Aircraft for the sum they paid to have Aircraft
sitting idle for 2 weeks in case (they decided ) Monarch went bust it is an outrage and needs a itemised and transparent audit conducted by independent Auditors with no alliance or allegiance to the CAA.
Monarch fate was always in the CAA hands so it wasn’t as if they were working in the dark waiting for another party to pull their ATOL it was their decision
alone so why pay all this money out on a whim...or did they want Monarch to fail but then could not justify their actions ..So many Questions and no answers
There appears to be no accountability and certainly the ATT should sit independent from the CAA as this sorry story clearly demonstrates, heads should roll like it would in any other business that blows 26£ m on a whim its shocking and not their money that seems to be forgotten the ATT is funded by the ASL tax so
it is honest Tax payers money(our customers) who support our industry that fund the ATT so in effect it should be managed by the Industry and independent professionals not the regulator ie the CAA it makes no sense and must be fully reviewed.
Go ABTA and sort please and suggest a commons select committee hearing where MR Cohen and others explain themselves If its good enough for Philip
Greene and Rupert Murdoch (business moguls) it must be good enough for highly paid civil servants to answer the public for once.
I have trust in Noel to ensure this is not kicked into the long grass and we see action and change and accountability for this disgraceful expenditure
and actions that nearly brought down a great Airline and travel business I hope lessons are learnt from this so others in future don’t suffer like Monarch have and still are due bad PR caused by the CAA
Why have you deleted my post..?