High demand does not mean everyone wants to fly to the airport, right?
If you compare to real, http://en.wikipedia.org/wiki/Palma_de_Mallorca_Airport
You will find there is a lot of seasonal charter flights,
and you can also realize Germans and the English are main travellers to this airport.
Just as a suggestion how do the ground networks measure up compared to other 9 bar airports? What I am thinking is because PMI is on an island that the ground networks will be less attractive compared to a 9 bar airport on a mainland
Palma is not so bad, it has 10 Slots/5 Minutes, ideal for Hub waves, you can reach many Destinations in Afrika with Embraer and B737-900 Jets.
If you look at Gatow for Mordillo AIR you will see what i mean.
LG
Mordillo
Yeah, Mallorca works well as a hub, but not so much for O/D traffic as the threadstarter intended to do.