There will be no massive void in Flybe pilot staffing over the next couple of years, because the days of the 7 yr cycle in the industry are OVER people!! There will not be mass recruitment and the "old model" has definitely gone FOREVER!!
In any case, when Flybe get more jets (probably embraer 175/190's) over the next 5 yrs,(and they will balance the fleets at some stage) people will stay, particularly skippers who want a jet command.
T