MONARCH
I know they're losing 3 aircraft at MAN, but at least they will still be operating more than they did in the 2010/11 era
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Losing 3 aircraft out of 11 is about 27% in terms of equipment but I suspect the reduction in the number of weekly departures may be quite a bit less than that as it's a number of the longer sector routes that have been dropped or frequencies reduced. That said, I guess the real indicator will be the change in seat capacity for Monarch over the summer, and the ACL start of Season Report when released should provide a better picture.
There is also the question of seat capacity taken by tour operators such as Cosmos. Did they use Monarch, and if so, are Monarch still providing all those seats or are other charter operators being used?