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I think there's a joke there. Somewhere

http://www.telegraph.co.uk/travel/news/why-monarch-collapse-spain-egypt-turkey/ here's a few graphs to put it into perspective

Yes....but nowhere near as much as what people think.

Monarch had a sizeable amount of £/€ forward contracts with us this month with a rate of approx 1.15, compared to the current spot price. Every company who deals with international payments will have some considerable forward rates. They also had some large £/$ forward contracts, again, with...

Literally this, perfectly summed up.

A regular comment made by some of our colleagues/contacts, management was not adaptable and were often beaten by the likes of Ryanair. Too static and unresponsive to the Arab Spring as well.

Brexit caused the Arab spring and subsequent upheaval in the region?

Granted - how will it affect you? Likely to see higher prices, though I'm not in the aviation industry. I'm just close to Greybull who owns Monarch.

Literally anything owned by Monarch, valuable to any company and as above poster suggests - slots too. Very lucrative

Much needed for us too - I hated the FX deals, I'm not going to disclose much. Mark-to-market just was not pretty with our forward contracts, they were getting about 15% higher than the current spot rate.

I'm partially unaffected - if anything my company saves a fair amount of money as we had forward contracts due to mature this month with Monarch. We're monitoring the situation constantly and in talks with Greybull - I won't disclose who I work for but it wouldn't take much to figure out who it...

Their assets, BG..... Yes, they could - if someone wants to buy them, but from what I'm hearing it's unlikely to find a buyer.

Unlikely, Greybull injected just over £150m last year to pay for ATOL and other projects to try and make it efficient. Unfortunately...that failed

You're mistaken. People are now waiting for asset valuations to snap them up.

Bit more to it, there's also the loss of demand due to the instability in core regions Monarch operate in. FX isn't particularly the issue - my company had a shit ton of forward contracts with very favourable rates for them, we were losing on those when considering mark-to-market EDIT: I...

They could organise a big party, sell tickets to the biggest stars and have a load of hotties available for the guests. I wonder what politician would be capable of organising such an event? That should raise some cash

Someone made a thread about this some time ago, I cannot remember when but someone made a thread about hearing Monarch's in financial trouble. edit: here we http://www.northstandchat.com/showthread.php?343432-Monarch-to-go-bust&highlight=monarch

We've been anticipating this for a while at my company, we've had a huge amount of forward contracts for FX with Monarch, we had murmurs that they were desperate to cancel the contracts. Market conditions truly went against Monarch. Ah, I guess you know capitalism is at fault for the Syrian...