If the loads on LTN-WAT are viable why are Arann pulling it?
My estimation would be that there are bigger opportunities ex DUB for UK provincial routes, furthermore statement from Waterford airport makes reference to the fact that RE are selling an aircraft (may mean returning one to the lessors, not sure), though the route was always in terms of pax a good one on LTN and SEN had improved alot, yet as many commentators have said LTN was a well developed market for the Irish travelling home.
Airlines wont take any chances with new routes that may be perceived as soft by those airlines, the fact that the Q400 is that much bigger than ATR may in itself be a deterent, I only hope that WAT doesnt go the way of GWY.