True, but I guess maintaining the status quo just now is hugely valuable to EI as they and Stobart attempt to recover from Covid.
What they've done makes complete sense, but I'm not sure if under normal circumstances EI would've permitted Stobart to use the brand to connect points outside of Southern Ireland. I think there is more to be gained in this for Stobart than for EI but it could be that EI intend to replace Stobart on some rotations ex DUB in order to keep their own staff/fleet in use, thus enabling Stobart to launch ex BHD. However, having ceased operations for Flybe on IOM and at SEN, Stobart probably had sufficient spare aircraft to deploy outside of their DUB based fleet.