Comment: Trade awaits Monarch news

Comment: Trade awaits Monarch news

This weekend, about 500 UK travel executives will be heading to Abu Dhabi for Abta’s Travel Convention where the theme will be Time Travel, focusing on what lies ahead in four specific areas: Our World, Our Industry, Your Business and Your Network.

It’s a packed programme that is designed to give both insight and practical tips on how to ensure every delegate’s business is prepared for the challenges and opportunities coming down the line.

One immediate issue that will be at the forefront of everyone’s minds at the convention and back at home is the predicament facing Monarch.

Shortly before the Atol renewal deadline passed on Friday night last week, the CAA granted the group a 12-day extension to October 12, giving it more time to secure vital investment that will safeguard its future.

The new deadline falls slap bang in the middle of the Travel Convention, at which Monarch’s chief executive Andrew Swaffield was coincidentally due to be a keynote speaker.

As Travel Weekly went to press, it was unclear whether he would be able to fulfil that particular speaking engagement as he fights to ensure his own business can look to the future with confidence.

While delegates will no doubt be disappointed if they don’t hear from him, I also have no doubt they will understand where his priorities lie and will be hoping to hear good news from the UK.

For the sake of the whole industry, those of us flying to Abu Dhabi to discuss the future of the travel industry will hope to be able to do so in the knowledge that Monarch will continue to be a part of it.


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