This is really good news for all my friends and colleagues at MON.
For the record the previous Swiss Italian owners were far from a sugar daddy. They never ran the company properly because that was never their plan and in the end shafted the employees. To suggest they were anything other than this is disingenuous and shows ignorance of what really happened.
I also believe Jet2 couldn't afford Monarch. They have an inferior product to MON by all accounts.
However, the question remains how long can Monarch remain independent. I think ultimately a sale or merger is likely!