KUBR

Monarch Airlines and eight Monarch group companies entered administration on 2 Oct 2017

Monarch Airlines Limited (Monarch Group) · Charter and low-cost airline

Funding shockUnit economics

The case in brief

Visible before detection

    Checks that could have surfaced it, on hindsight

    1

    Unit economics & burn

    Route margins and cash burn would show the airline relying on rescue capital.

    Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.

    2

    Regulatory & litigation records

    CAA licensing records and insolvency filings would show the group structure and distress.

    Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.

    Where Kubr services would have helped

    Valuation context

    Offered in India
    • C8 CAA licensing records and insolvency filings would show the group structure and distress.
    • C9 Route margins and cash burn would show the airline relying on rescue capital.

    Verified Snapshot

    Offered in India
    • C8 CAA licensing records and insolvency filings would show the group structure and distress.

    Financial diligence

    Offered in India
    • C9 Route margins and cash burn would show the airline relying on rescue capital.

    Legal diligence support

    Offered in India
    • C8 CAA licensing records and insolvency filings would show the group structure and distress.

    Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.

    A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.