Rushed approach - I have to say that your post has an air of fantasy and delusion about it. Monarch has not been competing with easyJet and Ryanair as number one for more than a decade. If they had done so, they would not be in the mess they are now. They have older aircraft, outdated conditions and have fiddled while Rome burnt around them. Whilst easyJet and Ryanair have built up massive fleets with corresponding massive economies of scale, Monarch have soldiered on believing they could carry on as they always have. Their financial benefactors have at last come to their senses and realised they cannot keep pouring money into a bottomless pit. Nobody wishes the situation on anyone, but these are the consequences of a terrible and unworkable business model that denied the realities of what was going on around them. Talk of the new fleet is equal fantasy, and I just do not see them converting every single Airbus pilot to fly the Boeing 737.