I assume that (although not mentioned in the press release) IOM-LCY is therefore for the chop
Exactly my thoughts. Anyone able to confirm? If so, it will be interesting to see if someone else steps in.
EDIT: Apparently not...
Airlines to expand Aer Lingus Regional deal - The Irish Times - Wed, Mar 14, 2012
:: Manx Radio :: The Isle of Man's Premier Radio Station ::
...although I am not sure if this simply is an (incorrect) interpretation of the press release. Sounds litter utter madness for an airline to operate two routes from an airport that must be booked at two different websites.