Anyone would think that this unfortunate event just leaves a market with no consumer choice.
When it reality it will hopefully strengthen the positions of Monarch and Jet2.
People will still hunt out the best deals and these travel company failures are soon forgotten.
Hopefully some of the good people affected by this will find jobs with the other carriers.
I speak as someone who was stranded abroad by the collapse of XL and although this was a challenging time it has not detered me from still using alternatives to the 'big 2'