Well I aint senior management at EAAC but I can say that European have signed a contract with Excel (Aviation - the brokering arm of XLA) to operate a substantial amount of flights from UK regional airports for summer 2004. The aircraft stated is the 737-300 - 148Y.
Indeed NCL will have a based unit, flying much the same work as Hola Airlines did last summer. Lets hope everything is formalised with EAAC regarding the contract as Excel had some nightmares last summer with operators (Hola) and lets hope EAAC has a better reliability record.
I wish EAAC well in the future, maybe they could even think of opening up UK regional crew bases!!!