'FFS', are you ever going to get a clue? Why don't you take your own advice?
And spare us your boring bullshit about which sources you approve and disapprove of. You don't get to decide where other people 'go and research a company'. Try some research of your own.
Monarch's problems can be summed up very succinctly: Falling revenues and rising costs, says Blair Nimmo of the airline's administrator, KPMG.[Many of the big costs of running Monarch, such as fuel and handling charges, are denominated in dollars.
But the pound has fallen by about 10% against the dollar since the Brexit vote, meaning the airline is having to pay more to buy its fuel.
At the same time, Monarch's sales have fallen due to increased competition.
"Prices have been depressed for some time," saysMr Nimmo.
"To give an example of that, the company flew 14% more passengers last year, but for £100m less revenue."
http://www.bbc.com/news/business-41466722
[Quote]Marc Meyohas (Greybull Capital's founder) told the Telegraph that the combination of a weak pound since the Brexit referendum, the increase in terrorist attacks in the Middle East and Europe, and ongoing Brexit uncertainty proved to be "pretty large headwinds" that Monarch couldn't cope with because of its relatively small size.
Weaker sterling has been an issue for all British airlines since the Brexit vote — the slump in the pound has cost easyJet £90 million — and Monarch was no different. The weak pound both lowered the number of people able to afford a holiday and increased the airline's fuel costs.[/Quote]
http://www.businessinsider.com/monarch-airlines-collapse-what-happened-explained-2017-10
(And before you start on about me not knowing how to quote....quoting on this forum is fucked.)