Alexander, would you though?
There you are, in base of your choice, close to home and kin, 10 years from the bottom of the list in a Unionised airline with a LIFO agreement in place, earning great money(by modern standards (17 pay increments since DOJ)), with a massive benefits package (by modern standards) possibly even flying a nice bit Long Haul, which although mostly bullets, is to nice(ish) places without massive timezone changes, the possibility of interesting secondments each winter, with a management that are reasonable to deal with and largely let you alone, with an excellent training department who actually try to teach you something in the sim, pro-active safety and brilliant crew food, actually that last bits a lie!!!
Seriously, you'd give that up to go Flexi, working you're todger off 365 days a year for the rest of your days. Yes, in the face of redundancy I'd grab it like anything else, but they'll have to drag me away kicking and screaming from my cozy little job at TCX. Aged 25, single with 100k of debt round my neck, its a different answer.
ps, the airline actually makes money and is not a problem, all the issues are with the UK tour operator.