Ryanair!
How this news can be "good for Birmingham" is beyond me.
In my opinion the last thing BHX needs is more Ryanair; especially as they showed diddly squat interest in three of the routes until Monarch turned up. If, and hope they do not, Monarch are pushed out watch O'Leary's mob retrench at BHX once again.
I would point out I don't work for Monarch, but those parasites from across the water will bring nothing but harm to the long term prosperity of the airport, and range of routes served from BHX.
I know I don't speak for everyone, but if the choice on BHX/BCN was limited to Ryanair, then I'd be using Star Alliance via FRA, ZRH or MUC - or a direct flight by another carrier from another airport.