What happens next
A very sad day for Monarch and particularly its crew, who have had to endure much uncertainty in the last couple of years.
The question is where to from here, what happens next? There will be many competitors interested in aspects of the company, in the current climate i'd guess in particular Gatwick slots and its pilots being most sought after...it has become most apparent with the current Ryanair situation how acute the pilot shortage is, though airbus rated, with deep pockets no doubt the conversion training could easily financed / funded.
The Gatwick slots will be the hottest topic, easyJet will want to maintain its stronghold and Monarch would appear to be the last and biggest opportunity for them to grow their largest base, jet2's success makes LGW a perfect dot on the map, and Ryanair otherwise would appear to be significantly preoccupied with their current challenges to be interested? Though taking Monarch lock stock and barrel could potenytially plug their short term woes and limit some of the reputation damage.. assuming if redeployed into the FR network?
Is a BA/IAG move to be expected? Norwegian would appear to be significantlyn committed with expansion plans at this stage ...