Tinwald, its not just business people that want high frequency services. If I am on a leisure trip I don't want to have to waste 2 days getting there and back and I want to do it at a reasonable fare if I am prepared to book early and be flexible and Flybe do this at the moment.
Euromanx would never have survived because it was a financial basket case, Flybe may have put the last nail in the coffin but the coffin was of its own making. And it cost the taxpayer a lot of money.