Just read today monarch may be looking to buy into another airline perhaps a merger would be a good idea
Its a matter of time. Jet2 and Monarch have an identical product and complimentary (mostly) networks. Like BMI/Virgin, there are obvious deals in the UK airline business. The latter was thwarted by the "big personalities" of Branson/Bishop, but would have gone through if logical, rational investors were in charge. Mantagazza has gone, so we just have to wait for Meason to retire and then the obvious deal will go through.
B737 fleets in both businesses, both businesses are now Low Cost airlines with a holiday company attached, one strong in the north, one strong in the south.
A matter of time and the retirement of a very big ego.