bmi baby do seem rather vunerable at MAN. Belfast is seeing fierce competition, and it would only take Easyjet, Jet 2 and/or Flybe to start taking an interest in BOD, TLS or some other French flying and bmi baby would be under huge competitive pressure
What have bmi baby got at MAN that the competition hasn't? Flybe has connections, and smaller aircraft for frequency. EZY/BE/LS/ZB all have economies of scale from a larger base. LS/ZB and now EZY have package holiday options. EZY/LS/ZB have longer range aircraft opening up a wider range of possible destinations. And thats ignoring FR potentially adding more flights into MAN