Scenario 3: Doomsday MyTravelLite drops DUB but Ryanair keep its new BHX services anyway (or even launches more) to destroy MyTravelLite and really drive its point home.
...or, and my apologies to all at MYT/MYL for being the one to say it; those hard-done-by investors in MyTravel Group see the company launching headlong into another opportunity to p*ss a load of money that they don't have up the wall and threaten to withdraw their support for the entire group unless MYL do something pretty drastic in order to sort this thing out pretty sharpish.