Agreed - the way Flybe has gone about this by releasing 'base closures' is all wrong, the media think the airline is pulling out completely. Such a big no no in airline
PR to announce you are closing a base if you actually mean you are converting it to W-pattern flying. They are losing so many passengers across their entire network. Some people think they have gone bust already (people getting confused with the news reports of FLYBmi) and this negative news just forces people to look elsewhere.