This has to be good news for MON and all who work for 'her'. I wish them well of course.
However, £165M is not a huge sum given the rise in fuel price (hedging - dunno) and, possibly of more relevance given that most of the revenue is surely paid in £, the fall in the £ v the USD (fuel, lease costs, spares etc) and the € (charges in Europe). Winter losses are coming to us all and I also fear for forward bookings.
My fingers are firmly crossed for this 'proper' airline.