I dunno seems pretty clear to me. On one hand we have a large national carrier with a huge amount of experience, highly professional crews, modern fleet that are well maintained and insured and a very low accident rate.
Compare that with this so called "virtual airline". Tickets sold by x, AOC held by y, aircraft leased from z, crew employed by someone else and management distancing themselves from all claims against said airline.
Just as the people voted in the Irish elections I would say the savvy traveler is voting with the feet.