Easy's share price is virtually unchanged year on year and they are in the same market so Flybe's excuses are totally bolleaux. Nothing at all to do with paying the over-rated CEO a shed load of "golden hello's" then ?
EasyJet are in a completely different market, largely London centric in UK, and really a pan European airline.
FlyBe is suffering in the same way as most regional carriers in recent history have, too many intra regional services making too little, if any money. In the scheme of things only the major secondary trunk routes such as those between SOU / BHX / MAN / CWL and Scotland / NI, plus connections between the likes of MAN / BHX / SOU to major European business centres are truly viable with the fleet that BE operate.
Any new owner is going to drastically cut back on peripheral, marginal services which will bode badly for some UK airports.