Easyjet have today announced a 20% reduction in the number of flights from Luton and the closure of its East Midlands base.
This may affect flights to Faro from both airports.
See this link for more:
http://www.heartdunstable.co.uk/Article.asp?id=1483396
Update: BBC Report here
http://news.bbc.co.uk/2/hi/business/8235556.stm