I disagree that it's social media that's caused it. Monarch has been terminally ill for a long time. It's currently having its dressings changed for the Nth time. Wether it survives or not is anyone's guess.
There's never smoke without fire. Sunday night's incident was not a fleet of cruise or hajj charters positioning into place that caused the problem. It was symptomatic of the problems at MON. Before the days of social media people would be blissfully unaware. Now is a time for planning next years holiday. Hard working families could potentially be risking thousands of their hard earned pounds and could be throwing them down the drain. The working man and woman is responsible only to their families and their bank accounts, not the employees or shareholders in Greybull.
Let's not forget Phill was saying that all was hunky dory the day before XL went bust. And didn't he then go on to front several other travel firms that went under taking thousands of hard working people's money with them?