Flybe have announced plans to operate GCI-MAN in competition with Aurigny. I believe that they were awarded the licence for this route some years ago when Auringy were granted the GCI-SOU route alongside the then British European (now Flybe). A gentlemens (!) agreement was reached between them & they both agreed not to step on each others toes.....
Now that BE have decided to get on the GCI-MAN route will Aurigny go for the SOU? And if they do how will that affect Blue Islands whose application for GCI-SOU still has to be heard, will they just cut & run - I would!
Better route for Blue would be to London City. You could fill 30 seats each way twice daily at decent (not cheap) fares & also pinch some traffic from the LGW carriers.