Job Security
As much fun as the "my airlines going to last longer than yours" arguments are - lets face it. We are ALL employed in aviation - job security doesn't exist!
It's purely timing and luck that determine your first job. From there it's a personal choice whether to stay or move on elsewhere dependent on our individual circumstances. NO AIRLINE OFFERS IT ALL!
It would have been a loss if Monarch succumbed last year. I'm sure times are tough and morale is undoubtedly an issue but the cost base is dramatically reduced; they have finally a leader at the helm (irrespective of where he came from); a strong brand; excellent loads and dare I say it the only 'low cost' player with the faintest clue about customer service. It's all to play for and good luck to them!