The issue of Newquay losing its London airline is like so many similar debates before. Jersey losing its London Heathrow route, Guernsey, IOM, Teesside (DTV) etc. unless the airport can buy and secure slots for the route it will have a difficult or doomed future. I accept this course of action is not straightforward but if government , local authorities and airports want to maintain connectivity between regions and London this option should be explored. Otherwise, KLM and co will export the passenger spend to AMS etc. however, not to say NQY will get KLM anytime soon.
While the airport may say there are airports queuing up to fly a London route the fact is the best placed one to maintain LGW has knocked it on the head. The bigger challenge is the number of airlines has been falling fast and options are limited. High fuel charges etc make airlines extremely sketchy about opening new routes that may not deliver the necessary return to satisfy shareholder requirements...
And as somebody pointed out flying an aircraft to a sun spot with big demand and high fares will win out every time...
The only option left for an LGW route must be a daily night stop at NQY by DY, a 733, they offer connecting services over their own routes and with so much going on for them at LGW, they could be attracted to the link... Bit if a long shot.
Otherwise, the sight of a PSO could draw FR to STN again...