I hope it's not more bad news for BACON. When was there last any good news?
Seriously, Richae and Phileas Fogg raise very good points. BACON is neither fish nor fowl. Whether you like it or not, it ain't low cost (indeed as Richae said, many of the seats are now more expensive than they used to be!) Go figure??
And it's definitely not 'full service'!
BACON came in to being for many of the reasons previously alluded to. Five years ago, BA were provided with a 'once in a lifetime opportunity' to exit regional flying. They grabbed it. But they had no concept, nor plan as to how they would go forward (unless you believe that they always intended terminating regional flying as soon as it was cheap enough so to do!)
I understand that commercially BACON are not setting the World on fire. That's a shame, because I understand there are many good people there. Tiggerific seems to be a good example. Mostly, it aint the troops on the ground that are at fault. The responsibility for the passing of BA from the regions will lie much further up the food chain.
Let;s hope the pessimism is unwarranted.