Can't imagine that this particular ship (!) will ever fly again - it was quite a hefty impact, and the salt water will play merry hell with the avionics.
So, having wrecked the engine, airframe and all of the LRU's, I reckon that's the end of her. But aeroplanes can be replaced, and I shouldn't think anyone's that bothered about £20 mil up the wall, particularly as there was no loss of life.
Just hope that Lowestoft see it that way too, and keep running the show - it certainly seems that a professional approach has paid off, and you can run these kind of events with complete safety. Well done to all, especially the pilot.