ATNotts - maybe the Telegraph is being a little unfair, maybe it's being fair. I imagibe however there would be rather less of this sort of talk if Monarch had been showing strong profits in audited accounts over the last few years.
I know the years since 2008 have been hard, but other carriers have been making good money the last few years. Flybe has been through a turnaround in the last 18 months - perhaps someone with funds to invest has a view that a similiar action plan might benefit Monarch's long term prospects ?