Some on this thread have a very distorted view on reality.
The reality is, BA Bacon employees have been thrown a lifeline by another employer, should they wish to grab that lifeline is up to them, however if they do it is to join an established and mature organisation. This is your only option. If flybe had not aquired your company you would be faced with redundancy at some point in the future, make no mistake, Bacon would have been dispanded, no question of that whatsoever.
Anyone who thinks they can dicate terms and conditions to their new employer will I imagine be shown the door pronto.
Good luck to those good people in Bacon who will see the light and accept the new terms and conditions, and their position on the bottom of the seniority list, although perhaps getting rid of seniority lists altogether might be a better idea.