The thing with the British is that we love a flutter on anything – from the Grand National (a horse steeplechase), the winner of Strictly Come Dancing (Dancing with the Stars for our US viewers) to the Christmas Number 1 Record (or sticking one in the eye for Simon Cowell).
It seems there also seems to be the question of “Which airline will go bust next?”
To which according to people betting on PaddyPower appears to be Monarch Airlines from 50/1 to 4/1. Which has displeased Monarch by a long shot.
Tim Jeans, Monarch managing director says “For people to make a game out of betting when an enterprise that’s been around for 40 years will go bust is irresponsible,” he said. “It’s not funny either because we employ nearly 3,000 people and they don’t want to be reading this.”
He also stressed that Monarch is profitable (£8.52 million at the last figures avalible), and it’s ownership secure.
However, lets have a look at the list from PaddyPower….
4/1 Monarch
11/2 Wizz Air
11/2 Finnair
13/2 Malev
9/1 Aer Arann
10/1 Spanair
10/1 Jet2
11/1 BA
14/1 Aer Lingus
14/1 Thomson Airways
16/1 Vueling Airlines
18/1 Bmibaby
20/1 Qantas
20/1 Air Berlin
25/1 Scandinavian airlines
33/1 United Airlines
33/1 Aegean Airlines
33/1 Air One
40/1 Thomas Cook Airlines
40/1 Germanwings
40/1 Flybe
50/1 LOT
50/1 JetBlue
66/1 Czech Airlines
80/1 easyJet
80/1 Virgin Atlantic
80/1 Ryanair
100/1 Lufthansa
100/1 Air France-KLM
100/1 Aeroflot
100/1 Turkish Airlines
100/1 Singapore Airlines
500/1 Vatican Airlines
1000/1 Air Force One
Put it like this: I’m glad I’m not a betting man at all. Although anyone who is putting money on Air Force One going under has better things to do at night…
Sources:
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/6907590/Monarch-Airlines-blasts-irresponsible-Paddy-Power-for-running-book-on-carrier-going-bust.html
http://news.bbc.co.uk/1/hi/england/8434710.stm
