After a quick look on the continental website, would appear that the flights are daily, rather than 4/5 per week as last year. Now I only checked November and January, but did show flights operating daily. A change in frequency due to the tax reduction????
As EGAC is Better stated, I think the average passenger will not notice any difference to price on the route. This will just allow CO to get an extra £48 per passenger, that CO had been absorbing, and so hopefully making the route sustainable in the longer term.