This post has been up for a couple of days, and I am curious by the lack of engagement. I suppose as an industry we are resigned to the fact that airlines go bust suddenly and we accept it.
What I am a bit more surprised about is that no one thinks it's a problem for the CAA to own shares in a company that it regulates. Even if the CAA had no choice, because Monarch Aircraft Engineering Ltd ran out of engine oil etc, it is an extreme measure for CAA officials to become shareholders.