This Monarch rumour has probably come from the fact that they have been looking at getting a couple of 757s on a temporary basis. IF they do get them, from what I've heard, how they will be crewed is still unclear...
As much as it's nice to have some good news, don't get your hopes up too much. Chances are, after this monumental **** up from Gordon Brown and co., they won't be getting the aircraft anymore.