A320/1's & Wet lease
I would have thought Pete that the new A321's would have been leased so if the leasers are able to find new homes for the A321's there hopefully shouldn't be big penalties with them. My understanding is the A320 coming brand new was originally intended for Air Asia.
On another note it looks like a Jet Time 737-700 will be operating for Monarch May-October two flights per day out of BHX once the main peak timetable gets going.