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Collapsed UK lei [url=https://www.stanley-cup.com.de]stanley shop[/url] sure carrier Monarch Airlines maintenance operation, Monarch Aircraft Engineering, has emerged as a standalone company following the airline s cessation of activities.The maintenance firm says Monarch Airlines has b [url=https://www.stanleycup.cz]stanley termohrnek[/url] een a significant customer for the company, but that it will concentrate on securing new business from third parties.Around 50% of its current activity is third-party work, the company states.Its revenues for the last full financial year 鈥?which ran to 31 October 2016 鈥?had already been down by 5% to 拢91 million, the result of reduced base maintenance work at its Manchester hangar, which was subsequently sold.Pre-tax profit reached 拢1.6 million, although this was higher than the 拢1 million recorded in the previous year.Sale of the hangar provided an exceptional benefit which lifted the full-year net profit to 拢9.2 million.Managing director Chris Dare told FlightGlobal last year that in-house maintenance was still a central business for the company, and that he had not envisaged a spin-off of the maintenance arm.Monarch Aircraft Engineering has 730 personnel and operates at 10 locations, including six in the UK. Despite its ties with the airline it had already been operating as a largely-separate arm.Monarch Aircraft Engineering recently entered a joint venture with Boeing Global Services aimed at third-party fleet servicing.The company has landed a contract for servicing 17 Virgin Atlantic Boeing 78 [url=https://www.stanley-cup.com.de]stanley cup becher[/url] 7-9s at Birmingham over the next four years.It h Ldjv Russian government grants subsidies to coronavirus-hit airlines
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