I think far more importantly is the future.
Monarch still have another 6 days to sign the investors contract so no worries yet.
However you do wonder with Monarch recent form whether it will be announced with 30 mins to go on the 12th day.
Sure it will be sorted out by 12th or perhaps they can get another extension.
Trouble is every day its not announced they are loosing business. Know loads of people who are not booking with Monarch for the winter or early spring..Sooner its announced the better for bookings.