I see where Narrow is coming from as do the other 600 Aer Lingus pilots and I can assure you there is little sympathy coming from us.
These airlines will always be at risk of folding. Their business plans are suspect at best, they are full of people in the LHS topping up pensions and therefore not interested in fighting for proper T&Cs and joining a union. The junior guys just want to fly and build hours no matter the cost. Others can't get into a proper airline and become lifers. Management just feed off all of the above and as a result you reap what you sow.