Couple of things:
Sammetje. You need to get your facts right before you post here. The starting salary is in fact £48,488. You will be more productive in Summer and can expect higher duty pay in the months May-Oct. However with the expansion plans expect to be busier this winter than in the past. Bear in mind the guys that joined us this year have done so on part-time contracts and with that a salary reduction of a certain percentage (of which i am not sure what it is).
Monarch in financial trouble. Monarch is one arm a complex group of entities. Just because the airline makes a loss does not mean that the loss is felt through the entire group, if you know what i mean. Pax numbers are very healthy at the moment, the airline is constantly seizing new opportunities and i'd bet on MON being around for a good few years yet.