Taken straight from an email sent to me:
"
You may have heard news this morning that easyJet has announced its intention to purchase British Airways' franchise carrier, GB Airways and that British Airways will terminate its franchise agreement with GB Airways with effect from 30 March 2008.
All BA flights with a flight number between BA6760 and BA6999 are operated by GB Airways.
We would like to reassure you that flights to all GB Airways destinations will continue to operate normally with the full British Airways service up to and including March 29, 2008. If you have a booking on a GB Airways flight up to and including this date your flight will not be affected.
If you are booked to travel after March 30, 2008, you will be contacted with details of your new flight once easyJet's purchase of GB Airways is complete. We expect this to be in the next eight weeks. For more information, please visit http://ba.com "
So hopefully the route will still run from Gatwick every day to Lanzarote ... will they cut the prices or just compete with Monarch!?!