From where I stand, the only thing that FLYBE are getting out of this deal is a pool of trained up pilots. So you can guarantee that all we've heard so far is the GOOD news in order to prevent the stampede for the door!
Personally, I'm not gonna hang around to see if with a bit of luck I might just possibly still be flying a jet in 6 months time.
My advice to my colleagues at BACON is get out while there's jobs out there!