man friday...
"Monarch have been cutting their flights on an ad hoc basis for a number of weeks, and whilst i wish the airline and all its hardworking employees a prosperous and sucessfull new year, the fact remains that you can get 4-1 on them being the next airline to fold."
What a load of horsesh*t. Some flights have been cancelled as they (and any sensible airline) does every year in the soft periods outside of Christmas/New Year..not quite the "ad hoc" basis that you would have us believe. They also cancel flights to AGP/FAO/TFS/ACE...basically anywhere they fly at times of year when there aren't enough people to warrant a service. As do Easyjet, Ryanair etc etc