Originally Posted by
dc9-32
UK CAA quick to threaten Ryanair but not so quick to help a home based airline.
They can't be faulted for *lack* of patience with Monarch.
They were right, and even Monarch aren't saying they weren't. This show couldn't have lasted another year; there would have been a disorganised collapse at some random time.
It's sad nobody wanted to buy it. I'm wondering if something awful has been done to its assets (borrowing secured against slots or something like that), or if the industry really is in a *terrible* mess.