Hmm i do see your points, but the last time that employment figures had been released, the number of unemployed had decreased by 32,000 or something like that. And yes i keep forgetting that Monarch are operating the flight on behalf of Cosmos. Monarch still sell through their website too though.
The way forward for CWL is to get a based low-cost carrier, something like Flyforbeans offers ! If the prices are right, and cheaper than at BRS and BHX, then the potential catchment is rather large for such routes. Just need someone to dip into the water, and find out for themselves. Baby was doing well until the winter months, and many believe that if they based more aircraft at CWL then it would have been much more profitable than it was.