Well said bug speed. I too am under no illusions. I expect to be dumped at the bottom of the flybe list and be offered flybe terms and conditions when my BACON contract runs out in march.
Since there are currently 68 first officers on the BACON seniority list ahead of me awaiting commands I also expect to be offered the RHS of a trash 8 with flybe turbo prop pay.
Ryanair has never looked so attractive.