Why get so excited chaps? one ability you will need to get during your professional careers is to work out how long an airline will be around.
BACON is dead in the water and is sinking below the waves - I know and understand that to many of you it is your first job, However do not make long term plans or move house to join BACON. It's throat is cut and it is bleeding to death- the wake is no more than a couple of years away- if that long. A good example of this is that the operating company at Birmingham Airport is actively talking to many operators to fill the terminal and stands in T2 when BACON is finally fryed up.
The good news is that much is going on in the UK industry because of progressive forward looking airlines and many jobs are available. Good luck. One day soon a book should be written about how this once group of decent airlines was turned into a awful fry up!