Found it odd there was nary a mention of this yesterday. It has been a slow train wreck coming though on their financial side, so none of us that bother to post on FT should really be surprised. I do feel sorry for some of the less-informed travelling public who are getting another rude awakening this morning. As do I feel for all Monarch staff, who by today's media reports, weren't fed much information from management at all. My sympathies go out to you.

A sad day, but it will be interesting to see what happens with the picking of the carcass. IAG getting a regional presence in the UK again, or easy picking up complementary routes etc.