EMA
Ryanair East Mids in July carried 19384 on a 73H, which was probaby pretty useless at the prices they were charging but can flybe just ignore the sheer numbers involved and just hope that people travel to BHX.
The chances are they will just transfer to BMI Baby especially if the third service is reinstated as rumoured on the BFS thread.
BHX-BHD did suffer when FR started as pax were around 20000 a month before and they dropped with this July up slightly but still only 17914.
I believe the FR route also affected the Baby BHX-BFS which had been 12000 per month and is now around 8000.
Some difficult decisions to be made and they might decide it was all low fares, which is not worth the risk.
However two Q400's a day (weekday) and one at weekends would only be about 8000 a month, which might be possible. Daily would probably deter any potential business pax and you will then just compete directly with BMI Baby's BFS.
Pete