We used to have both Geneva and Prague with bmibaby. I have no idea why Prague stopped as it was fairly popular I believe.
We need more services into Europe from MME! More options into France would be ideal (Flybe maybe?), plus some option into Germany and Scandinavia.
I agree that Ryanair should try another route - either somewhere fairly safe like Gerona, or try out a route to one of their Eastern European hubs. The only local competition to Eastern Europe is Budapest from NCL.