Those that suspect, or believe that the comments above are accurate are unlikely to have their opinions changed but this is a free market economy.
If Flybe wish to run their services NQYLGW it is for them to decide at what price they choose to do so. Whether it is morally correct for them to do so at an overall loss may be questionable but this is the market we're now in and it is how the likes of Easyjet and Ryanair, and also Flybe have grown so quickly, often to the benefit of all. I'm not sure you can support competition and then complain about the result when it comes.
Irrespective of all this, the OFT have recently announced that they will not be taking any action against Flybe as a result of ASW's allegations that their arrival on the NQYLGW service was predatory behaviour. That just leaves those of us on here to draw our own personal opinions which I am sure will remain divided.