But it is difficult to disagree with what he says.
flyBE have made several grand announcements regarding services at Newquay, and few of them have actually happened. And if he is worried, I don't blame him. If it came to a price war, would your money (ahem) be on a small operator suxh as ASW or a company with the resources of flyBE?
And if it caused ASW to go tits up, how long would it take for flyBE to raise their fares on a route they would have then have a monopoly on?