LNIDA, you continue to spout BS, particularly if you think MAEL is profitable. Why do you think they might be profitable? Your naivety is breathtaking!
Monarch has been comfortable in easy's and FR's "turf" since they were born and only has 15% non-scheduled work left so it is hardly a major shift in emphasis from where we are now to move to 100% scheduled.
Mon has been taking on easy and FR for a decade or more and is no 1 or 2 on all the routes it competes with them on. And that's WITH all the cost base issues!
If those cost base issues are pretty much instantly removed by the restructure, the company (which was profitable last year let's remember) will clearly be able to compete very well.
I know you guys in easy and FR don't like it, but the fact is that you are
yourselves. If you are all so good at what you do, why have you failed to eliminate Monarch over the last 15 years? Benevolent shareholder? No, ruthless shareholder who is a multi-billionaire for a reason. He may exit the airline, but that doesn't mean he's exiting the game - the airline is but a small pawn in his game.