Firstly the long haul product isn't single class, it's got a posh bit up front.
Route wise no secret that frequency will increase on med route from April 2014 for new routes you like me will have to await until they're are announced.
I don't think Easy will worry too much, Norwegian are a much bigger threat to Monarch in the short term, Monarch is perceived to be a quality product some what above the likes of Easyjet, the reality is one of lack lustre staff, delays and nothing special on board, Norwegian is increasingly seen like a breath of fresh air in the LoCo market.
This is no Aer Lingus flash in the pan