Pabely,
Well its a relief that the airline continues;
However Im told from others who have had dealings with Grey Bull before that allegedly they tend to fatten the best bits of companies up, then sell them off in parts to the highest bidders.
Perhaps this press release is only partial as it makes no mention from Grey Bull about the future of Cosmos or MAEL ?
Im keeping my fingers crossed that they are really interested in aviation ,preserving the great Monarch name long term, and not planning to sell bits off..
Suppose time will tell .
Monarch have for many years been quite cozy with the Swiss family more than happy until recently to bail the airline out.
Now the airlines protection is lifted and they now don't have that safety net and will have to fend for themselves.
Sure we all wish them well in finding a niche and being able to keep the other LCC pack of Wolves off them, in this challenging market.