Well,
IF FlyBe were to pull out of LGW, that would be
AFTER they have taken on the BACON routes (which they have not yet started), so I think this is being slighty previous (even by PPRuNe standards!).
Let us not forget my other regular route that Flybe are due to take on, LGW~IOM which is currently four daily rotations (three I think at weekends) and even if weekdays are reduced to three, it is still the prime route to the Island. Since STN is being cut back (other thread) and LTN just cut (other thread), the LGW should
remain viable.
Shall we wait to see what FlyBe do? The one certainty is that BA will be cutting back at LGW and are making their bets on the extra slots from the 3rd blacktop at LHR to give them the slots they need to complete Fortress Five.