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http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment

Julian Bray provides: Opinion, comment, forward thinking speculation on Travel, Cruise & Aviation: conflict zones, terrorist impact, drone (UAV) issues, safety (black boxes, emergencies), airline operations, aviation finance, political implications, and all forms of incident risk. Worked at board level with several airline and aviation groups, including Alitalia, British Island Airways, British Airways, Galileo , British Aerospace, Skyways, former CEO City firm Leadenhall Assoc. Founder CNS City News Service. Director NTN Television News (joint co. with ITV Wales TWW) Debretts People 2017 and in launch edition of PRWeek Black Book.

Direct links to a selection of television and radio contributions can be found at foot of this page. Scroll down.

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Thursday, 13 October 2016

Monarch is saved! New funding secures airline, as a full ATOL licence is renewed for a further twelve months.






As we predicted from a valued City source Monarch Airlines has secured funding from its main shareholder and the Civil Aviation Authority has renewed the all important ATOL licence for a further 12 months.


(As an example for travellers: The UK holiday pound: 20 euros today cost £18 including commission at M&S Foreign Exchange ) 


The airline, which was seemingly hours away from calling administrators, has secured its Air Travel Operators’ Licence for another year, in a rescue deal that went down to the wire, reports The Telegraph.


An ATOL licence can only be awarded to airlines that can satisfy the Civil Aviation Authority’s financial health checklist. Monarch announced the renewal on the very last day of the 12-day extension it had been awarded, and to add to the drama, at the last minute, its senior executive cancelled a long standing overseas speaking engagement.


The £165m lifeline, the biggest investment in Monarch’s 48-year turbulent history, will be used to vary a previously confirmed contract to buy and leaseback 30 new Boeing aircraft.

Monarch’s order for 30 Boeing 737 aircraft, with the option of 15 more, is said to be worth around $2bn (£1.54bn) with each plane costing about $50m. The new fleet will be staggered over several years with the first delivery in 2018.


Monarch is in the second year of a turnaround plan under Greybull Capital, which rescued the airline in October 2014, when it pumped in an initial investment of £125m. Greybull also slashed costs, savagely reduced the payroll, pulled out of long-haul flights and retired, sold on many of the airline’s older planes.


Monarch concentrating on North Africa and Egypt has faced one of the most difficult travel markets in decades, following a series of terror attacks. The unexpected Brexit outcome created additional uncertainty and now the falling pound is a problem for all airlines as business is conducted worldwide in US$!. It is however expected to post pre-tax profits of £40m this year.


Andrew Swaffield, Monarch’s chief executive,  (who must by now have a wardrobe full of brown trousers) had assured staff that the rescue deal would go through, but warned that it would not conclude ( or be valid ) before the day of the deadline. Gulp!











JULIAN BRAY +44(0)1733 345581 Aerospace & Incident Management Expert, Journalist & Broadcaster, Aviation Security & Airline Operations, Travel / Maritime & Cruise Industry, NUJ, EQUITY, LIVE ISDN LINK, Broadcast ISDN COOBE ++44 (0)1733 345020 e&oe Old faithful NOKIA: 07944 217476 www.aviationcomment.com
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"Adept at holding national and international politicians and business people to account, has a 'Marmite' but considered approach to politics and always well prepared" Iain Wilson

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TELEVSION AND RADIO LIVE INTERVIEWS AND CONTRIBUTIONS

RECENT FEEDS:

RUSSIA METROJET, GERMANWINGS, MH17 INCIDENTS and other RECENT TV NEWS & RADIO AUDIO FEEDS

LASER PENS BBC NEWS

Amelia Erhart Mystery BBC Wales

http://www.bbc.co.uk/programmes/b08rg0nx

Julian Bray Radio Podcasts

http://talkradio.co.uk/julian-bray

https://www.youtube.com/watch?v=weCHZDsnpEI

https://audioboom.com/boos/5133360-easyjet-results-with-aviation-expert-julian-bray

https://www.rt.com/op-edge/360687-military-intel-mh17-include/ September 2016

#BorisJohnson 'right for all the wrong reasons' to dismiss Heathrow, says @JULIANBRAY - bit.ly/2cunT2Z pic.twitter.com/Jw3PwFOasm

http://www.abc.net.au/radionational/programs/breakfast/russian-airline-rules-out-mechanical-failure-or/6907142

https://soundcloud.com/rttv/bray-7k9268?utm_source=soundcloud&utm_campaign=wtshare&utm_medium=Facebook&utm_content=https%3A%2F%2Fsoundcloud.com%2Frttv%2Fbray-7k9268

http://www.pri.org/stories/2012-01-16/why-modern-navigational-technology-didnt-prevent-costa-concordia-accident

https://twitter.com/VictoriaLIVE/status/661125924432146432

http://rinf.com/alt-news/tag/julian-bray/

http://www.marketplace.org/2012/01/16/business/cruise-ship-industry-impacted-disaster

http://www.pri.org/stories/2012-01-16/why-modern-navigational-technology-didnt-prevent-costa-concordia-accident

https://www.youtube.com/watch?v=yiKsLJxc6WA

https://soundcloud.com/julian-charles-braybray

https://soundcloud.com/julian-charles-bray

https://youtu.be/yiKsLJxc6WA?t=1m12s

http://edition.cnn.com/videos/world/2015/03/24/idesk-bray-intv-germanwings-descent.cnn

https://soundcloud.com/rttv/airbus-co-pilot

http://www.itnsource.com/shotlist//ITN/2012/03/05/T05031202/http://www.itnsource.com/en/shotlist/ITN/2010/11/04/T04111005/#videoPopUpDiv

https://audioboom.com/boos/3579946-why-has-the-low-cost-airline-industry-been-thriving-morningmoney

http://talkradio.co.uk/news/airport-expansion-boris-johnson-right-all-wrong-reasons-dismiss-heathrow-1609164227

http://www.msn.com/en-us/news/royalbaby/russian-passenger-jet-crashes-in-central-sinai/vp-BBmEGu9

http://edition.cnn.com/videos/world/2015/10/31/russian-passenger-jet-plane-crashed.cnn

https://audioboom.com/boos/3289201-billybambrough-brings-us-the-latest-from-the-paris-air-show-morningmoney

http://edition.cnn.com/TRANSCRIPTS/1510/31/cnr.22.html

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https://www.rt.com/op-edge/323287-su24-fighter-russia-turkey-syria/ Scroll down final VT

https://audioboom.com/boos/3918847-a-new-aviation-strategy-julianbray-oliver__clark-talk-on-the-europeancommission-s-airline-announcement

https://audioboom.com/boos/3933313-julianbray-talks-on-the-airport-expansion-delay-the-heathrow-bid-is-frankly-illegal

https://audioboom.com/boos/4241311-a-closer-look-at-the-deal-to-buy-london-cityairport-with-aerospace-specialist-julianbray


http://www.cbc.ca/i/caffeine/syndicate/?mediaId=2685621754 AIR DUBAI CRASH MARCH 2016 Television 2-way with CBC Canada via 'upmarket' SKYPE

https://ca.news.yahoo.com/video/plane-circled-airport-bad-weather-110053170.html AIR DUBAI CRASH 19/03/2016 Julian Bray first reaction

https://audioboom.com/boos/4368310-is-the-aerospace-sector-in-trouble-julian-bray-discusses-as-boeing-plans-to-cut-thousands-of-jobs

Julian Bray Broadcaster Radio Podcasts Selection