Monarch airlines plans to slash workforce by up to 30%

[mhm]

Monarch Airlines may cut as many as 1,000 jobs as part of a major strategic review that aims to cuts costs and may lead to the end of long haul flights.

The airline will instead aim to compete with low cost airlines Ryanair and Easyjet and concentrate on short-haul flights to Europe
http://www.bbc.co.uk/news/business-28833343

[IanH]

Review mean that Monarch will no longer fly from East Midlands.
http://www.monarch.co.uk/news/flights/2014-news/monarch-airlines-to-stop-flying-from-east-midlands-base-in-2015

So ends the "opportunity" to take over the BMI Baby routes at EMA.
http://www.bbc.co.uk/news/business-18128878

EMA suggests other airlines will pick up the slack:
http://www.bbc.co.uk/news/uk-england-28792329