I want to see them have a go at BFS, i think they could offer a wide variety of routes. The only problems are ;
1. EZY will probably not like it
2: FR will want rock bottom prices from BFS to fly from it.
If it did happen there would be some good competition between the two..
I imagine FR will only come to BFS if they accept a non-competition agreement with Easyjet. Easyjet is the cash cow don't forget, you can't afford to piss off the company that brings you almost 3.5 million passengers a year.
The BFS management (as proven over the EI switch) will not offer the same sorts of deals as Mr Ambrose because, again, they can't afford to upset easyjet (who would surely look for parity if they did)
I actually think the BFS management have done reasonably well to get coverage for some of the lost routes through their remaining airlines.