There have indeed been many rumours floating around with regards to Blue Islands and Scotairways. There was and still are rumours doing the rounds that Blue Islands are to lease one of Scots Dorniers in order to operate their proposed Zurich service from the Channel Islands and to increase capacity on their IOM service. As for Blue Islands operating LCY from GCI that would be interesting, and im sure there would be more than enough demand to fill a twice daily service in a Dornier 328. LCY was one of many destinations that was suggested in the Blue Islands customer survey.
As for Scotairways and new routes, why do they not maybe expand and launch new routes out of Dundee or Edinburgh?? a 3-4 times weekly EDI-GCI service could work!