new terminal on the RAF side has always been planned for as and when the need is there as far as passengers and cargo goes.
the ryanair spanish cuts are only for a few months during late 08 and early 09, the good thing is that they will return, and i wouldnt be too surprised to see the odd extra route from Ryanair at NQY, especially considering the fact that they have a presence at NQY and also considering the fact that they have loads of 738's sitting around/new being delivered and that oil has dropped considerably
just my opinion!