AviTrader_Monthly_MRO_e-Magazine_2017-10

Editor‘s Page
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Farewell, Monarch
T
he recent closure of the British holiday carrier
Monarch reminds us just how tough
the airline industry can be. The UK airline
industry has not seen such a high profile failure
in several decades.
There are lessons to be learnt from the collapse of
Monarch. Next time an airline collapses, the taxpayer
may once again pick up the bill for bringing
passengers home. The travel industry has widely
criticised the decision to launch a rescue airlift and
seek to recover some of the cash from tour operators
who have already paid ATOL contributions.
Some have said that Monarch should have been
kept afloat long enough to mount the rescue effort,
rather than chartering in jets from the US,
Canada and Qatar.
Monarch collapsed a few weeks ago, wrecking the
holiday plans of hundreds of thousands of Britons,
a year after owner Greybull Capital secured a bailout
for the struggling airline. It could take weeks to
determine how much money might be recovered
from credit card companies and insurers.
In the meantime, the airline’s MRO arm Monarch
Aircraft Engineering Limited (MAEL) has been
quick to shake off any possible financial association
with the airline, and emphasising that despite
a generous amount of business coming from the
airline unit, it remains a standalone company.
Its good see that support from the MRO industry
coming through with the recent contract win from
Icelandair and Virgin.
Keith Mwanalushi
Editor
2
Editorial
Keith Mwanalushi, Editor
Email: keith@aeropublications.co.uk
Mobile: +44 (0) 7871 769 151
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Volker Dannenmann,
Layout & Design
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Demand for new skillsets is high
Photo: AFI KLM E&M Patrick Delapierre
Contents
MRO and Production News ............................................ 4
Finance News .................................................... 16
Information Technology. ............................................. 17
Other News ...................................................... 19
Cover story: Maintenance technical training ............................... 21
Company profile: Revima ............................................ 25
Industry interview: Allen Jones, COO, National Aero Stands (NAS) .............. 26
London delights - MRO Europe 2017. ................................... 27
MRO Europe 2017 in pictures ......................................... 30
People on the Move ................................................ 32
AviTrader MRO - October 2017