If the aircraft was to depart on a holiday flight at 0930 then the morning flight would have to run (Based on 45 min turnarounds, 1:25 flight time to EDI)
0510 - 0635 BOH - EDI/GLA/BFS
0720 - 0845 EDI/GLA/BFS - BOH
0930 BOH - Holiday
If Ryanair cant make a profit on domestic with flights departing at the "stupid" time of 0640, im not sure Palmair stand much of a chance at 0510 departures!