Monarch airlines owner said to be considering exit after just 17 months
It has already been commented on in the Luton thread that Monarch's greatest asset could be its Gatwick slots paving the way for the airline to disappear.
What could stop a takeover was the Monarch Pension fund but it seems a way to off load the liabilities and to slash the payments to staff has already been put through.
Monarch pilots? pensions slashed in move to PPF | Money | The Guardian