I'm not sure it is a p@£sing contest ftg.
Flybe are blaming all their woes on APD, from what I've read so far in this thread people are merely pointing out that the exorbitant fares Flybe charge on some routes mentioned should be well able to absorb the APD and still make money. I position frequently on them, and do raise my eyebrows at times when an hours flight is £180 each way. Perhaps the management should look in the mirror more closely.
I hope it's just a scare tactic and everyone is OK, though from Mrs ETOPS experience it may well be for real. All the best to everyone, as usual the staff who do a decent job day in day out are the easy management target.