FR have a habit of looking to directly compete (undercut) on routes with other locos and full service carriers, look at the new routes from LBA, nine of them will be run in direct competition with Jet2 who up to now have had pretty much a free run down there.
How fiercely FR will go with the cost cutting is yet to be seen but it will certainly seem more attractive for Jet2 to operate in what has been up to now an almost competition free environment, like here at NCL. Appreciate there are other carriers but many of the routes are high load factor and there isn't the aggresive anti competitor stance we have seen in the past from FR. Jet2's other bases are already served by other carriers and I see NCL being ripe for expansion, especially to the non bucket and spade places.
I think this move seeing FR basing at LBA will in fact benefit NCL greatly in the months to come (well next summer season anyway).