Lets see.
Jet2 have no slots. They operate a different type. Their brand value is tiny. Part of their route structure it totally different to RYR. Their AOC is tied up with a wide business group.
And you think MOL in the teeth of a UK and Irish house price crash and recession will chose to spend money buying an airline that will likely go bust anyway. If for some unfathomable reason he wanted to operate the marginal Jet2 routes then he would just park his jets on their lawn and destroy them within months. No legal fees, no negotiations and no buyout price.
If Globespan, Jet 2, or Baby think that any of the large LoCo's would spend a penny in anything other than driving them to the wall then they are delluding themselves. Buzz and Go occurred during the expansionary land-grab phase. We are now in a deflationary cost saving phase.
There is no room for Baby, Jet 2 or Globe and I expect each to no longer exist 18 months from now.