Podcasts about monarch airlines

Start of interview [1:15]Roger's "origin story" [1:50]Introduction of the Institute of Directors of the UK (IoD founded in 1903) [4:56]On the evolution of director education and professionalization in the UK. "Modern" corporate governance in the UK was kickstarted by high profile scandals in the late 1980s such as Robert Maxwell's media empire collapse,  Polly Peck, BBCI, etc. which led to the Cadbury Committee in 1992 [7:00]No certification required to be a director in the UK "this is why I think we're still a little bit in the Dark Ages or the Medieval period in terms of directorships and what the pre-requisites for directorship should be" [8:32]"I think in 20-30 years from now it will be taken for granted that before you step into any significant directorship role you will have to have some type of professional credentials or pre-requisites like in any other profession" "there will be a proper professional structure" [9:12]Three stages to the current qualification process offered by the IoD: [10:42]Certificate in Company Direction (knowledge)Diploma in Company Direction (practical: skill development)Qualification as Chartered Director (experience with board for at least 2 years)Director education in Europe [15:44]. "It's been a real patchwork of approaches per country" Examples: ecoDa (Confederation of European Institutes of Directors), IFA (France), etc.How has the role of directors changed in the UK [17:14] "It has hugely expanded in scope and complexity" (including technology/disruption, sustainability, etc)The effect of Brexit in Corporate Governance [22:00]Top priorities for boards in the UK per Roger: [24:33]Corporate purpose as an organizing principle for corporations (example: British Academy)Technological change, what does it mean for their companies (beyond cybersecurity and data protection).Climate change and sustainability.More on the purpose of the corporation from the UK's perspective. "The UK is now in a middle ground, between the strong EU "stakeholder" perspective (with significant employee representation) and the Anglo-Saxon tradition of shareholder primacy. The duty of the UK director is to promote the success of the company in the interest of shareholders while paying due regard to a range of other stakeholders" [28:32]The role of institutional investors in shaping the corporate governance agenda in the UK and the rise of ESG [34:20]How does Roger see the surge of benefit corporations and B corps [37:43]The rise of private markets and the state of tech entrepreneurship in the UK. Discussion about the Wates Corporate Governance Principles for Large Private Companies (2018). Collapse of BHS and Monarch Airlines. [42:14]The impact of COVID-19 in corporate governance in the UK [47:01]There was a policy to keep companies going as long as possible (abandoning "any creative destruction" by market dynamics). Measures to support employees, changes in insolvency laws, etc.Shareholders took the back seat. Stopped paying dividends, particularly for banks and financial institutions.Boards have had to switch to virtual meetings. Many pros/cons around the effect of these measures.His favorite book: [51:21]1984 (1949) (by George Orwell)His professional mentors: [52:30]Neville Bain (former Chairman of the IoD)Peter Montagnon (former shareholder advocate and policymaker)His favorite quotes: [54:33]Upton Sinclair: "It is difficult to get a man to understand something when his salary depends upon his not understanding it..."William Faulkner: "The past is never dead, it's not even past" One of the living people that he most admires: Jürgen Klopp (GM Liverpool FC)  [56:14]Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

The tragic days following the demise of Monarch Airlines are recounted in this, the second and final part of an interview with Captain Al Evans.   Images under Creative Commons Licence with thanks to Capt Al Evans.

On 5 June 1967, Monarch Airlines was established with a rather aged Bristol Britannia and I doubt that many people had any great hopes for its longevity but, when it was approaching its 50th year of operation, it fell foul of a poor economic situation and collapsed.  A year has gone by since then and Captain Al Evens recalls the events leading up to the demise of this much loved airline in this, the first part of two interviews.     Images under Creative Commons with thanks to Sebastian Ballard and Capt Al Evans.

On this episode of AvTalk, Jason finally gets to fly the Bombardier C Series, we say goodbye to Monarch Airlines, get an update on the Air France A380 that suffered an engine failure over Greenland, and find out how Loon balloons might soon be helping the people of Puerto Rico recover from Hurricane Maria. Trouble … The post AvTalk Episode 16: Uncontained Failure appeared first on Flightradar24 Blog.

This week on the show, we're talking about how to declutter your personal finances. Katy and I chat about why it's so important to declutter when it comes to your personal finances, before sharing a few of our own tips for decluttering. Katy Stevens Katy Stevens is a money blogger known online as Katykicker. Katy started Katykicker because she was making money online and people wanted to know how. She’s happy knowing that she is able to share money making and saving websites and tips with her readers. Katy also loves to share product reviews, frugal recipes, the odd craft and much more. You can follow Katy on Twitter @katykicker. Personal finance news -Monarch Airlines has gone out of business, leading to the cancellation of 300,000 flight booking. The Civil Aviation Authority says around 110,000 customers of the airline are currently stranded overseas, in need of repatriation on UK government charter flights. -The latest Markit/Cips UK manufacturing PMI index shows signs of a slowdown in manufacturing sector growth. Despite a boost for exporters from a weak pound, higher production costs and Brexit uncertainty is hampering growth prospects. -Prime Minister Theresa May has promised an additional £10bn of funding for the Help to Buy Scheme. The money will help another 135,000 people buy their first home. -Bank of England governor Mark Carney believes interest rates could rise in the "relatively near term". Speaking to the BBC, Carney suggested that it was time for the bank to "ease its foot off the accelerator". -Lack of financial protection among women is leaving families in a precarious situation. According to new research from Scottish Widows, despite saying that their households could only pay the bills for seven months should they not be able to work or pass away, only three in ten women have life insurance.

Join us as Mike Weeks gives us insight into his inspiring pilot journey. Mike Weeks is a Cadet First Officer with Monarch Airlines, based out of Luton Airport in the UK. An Airbus A320 & A321 pilot, flying mainly to various destinations around Europe, to the Canary Islands, Egypt & Turkey. Mikes journey to the right hand seat has been via the ATPL Modular route and fully self funded.