Here are more extracts from the BBC, that appear to show the usual MoL hyperbole.
Ryanair said it would close the routes between Edinburgh and Berlin, Malmo, Murcia, Ibiza and Tallinn. However, flights to Berlin had already been stopped, and the routes serving Malmo, Murcia and Ibiza were only launched three weeks ago and have not yet started operating.
That's four out of the six. Now, the new flights could have been expected to bring in new pax but their non-start will not affect the airport in the way that is suggested.
The potential number of job losses has been disputed by industry insiders. Ryanair does not employ any staff directly at Edinburgh Airport. One source said they "would be amazed" if anything like that number of staff were made redundant.
The observation about EDI / PIK / GLA sounds like it is spot on. FR plays a wide game, across many bases and has always proved that it will slash and burn to gain a pennyworth at another. No one expects them to be interested in the long term of their
individual bases and routes. It is a harsh business model but one that they will pursue for the forseeable future.