Well, it's happening again and a number of the low budget airlines have their beady eye on the short haul routes currently operated by Monarch - we're talking EasyJet and WizzAir and possibly Norwegian airlines (those who have nicked Ryanair's pilots).
http://news.sky.com/story/monarch-prays ... n-11060556The future of Monarch, Britain's fifth-biggest airline, is hanging by a thread this weekend as it holds emergency talks with regulators about a temporary extension to its tour operator's licence.
Sky News has learnt that the Civil Aviation Authority (CAA) is weighing whether to hand Monarch a temporary extension to its Air Travel Organiser's Licence (ATOL) for the third time in four years.
Sources said that without such an extension, Monarch's travel subsidiary was likely to be placed into administration within days - leaving 100,000 of its customers facing uncertainty about their journey back to the UK.