uklad007 - everything you said is true, but thanks to bmi regional taking over, the route has now stabilized with decent-ish load factors and in theory is making profit again.
Whether this will be enough to save the route (doubtful) is anyones guess, but I do know they are staying for the winter, when the route will be partially handed back to mainline as the Saturday night-stopper is to be upgraded to an A319.