Is that really a good idea, when Ryanair have just started both BUD and POZ from EMA, which is not far at all from COV. When will other smaller airlines learn, Ryanair will just undercut them till the route is dropped.
I wouldn't write off Wizzair Lee. They have an inherent advantage over Ryanair. Eastern Europeans prefer travelling on Eastern European Airlines, even if they have to pay a little more. Look how Wizz drove Ryanair off Stockholm-Gdansk and Krakow, and Hahn-Krakow. Wizz also regularly have free flight offers, just pay taxes and charges, so Ryanair do not always beat them on price! Ryanair are not invincible!
(If you want more proof about how Ryanair are not invincible look how Aer Arann, a small Irish airline which uses turboprops has remained on the Cork-Dublin in the face of huge competition on the route from Ryanair. They achieve higher load factors on the route than FR despite the fact that their fares are several multiples of those of Ryanair! Bully boy tactics don't always work)