I guess it's a classic chicken and egg situation. Can a new Flybe stimulate demand on some of its previous more successful routes in a very unusual post Covid environment?
I think it is important to remember any new Flybe will be considerably smaller than the old company. They had no control over their fleet size during the last few years of their previous incarnation so may have operated several rotations just to keep the aircraft busy in the hope of making some money rather than being sat on the ground making nothing whatsoever.
I think its safe to say the likes of Exeter - Manchester and SOU - MAN will not be large enough to sustain two carriers. And at BHX they will be up against easyJet on a few of their other more successful routes flights and I suspect easyJet may stay on the likes of BHX - EDI/GLA for a while yet.
I'm genuinely fascinated to see what their strategy will be.