It's rather different (I assume you're making digs at Ryanair), as Ryanair have expanded a large, and growing market, passenger numbers have grown some months, more than all the seats Ryanair had to offer. It was one of the first months Ryanair operated Alicante, they offered around 8,000 seats and numbers grew by more than 10,000
Also, the market can take it, if anything it will grow and right size (and right-price) NCL for once.
The exact opposite of EY and QR flooding EDI, which is simply just taking passengers from existing, and eachother's services, and is now starting to have a detrimental effect down at NCL, maybe there is rock bottom prices, but they might have ruined any chances of us getting expansion from EK in the near term.
Not to mention the new routes that Ryanair is bringing in, and I'm sure that easyjet's announcement of Berlin is a pre-emptive strike on Ryanair, I hope it is at least!