Everyone calm down, just read JF's last newsletter which restates a lot of stuff already released to the SE in the last trading update.
I'm paraphrasing but basically, "flat year on year seat capacity in the core UK market 2011-12".
In other words, no net increase or decrease in seats. Any Dashes out must therefore be replaced by Jets in.
Redundancies? Hands up who thinks we're overcrewed?