The EI rumor mill suggests that 300 cabin crew and 50-60 ground jobs may be lost. SNN would be an easy target, as others here have said.
That will burn through 25-30 million of cash pretty quickly at a minimum.
Problem is that unless EI takes a hard line and indicates Statutory Redundancy then they burn through lots of cash for everyone they make redundant.
Unions will strike and bleed them dry unless they get what they want in redundancy.
Doubt EI have the Nuts to do anything like this.
Knee jerk reactions like BFS and LGW really show the board lost its way a long time ago.