From a strategic perspective IAG could see value in Flybe as follows
Eliminate competition at LCY.
Bring EI-R and Cityflyer contract flying ‘in-house’
Reduce AMS flows and reorientate to Dublin
BMI slots default back to BA (Would Loganair give it a go?) Tactically, BA could ring fence Flybe Heathrow for domestics such as JER GCI LDY DND rather than EDI ABZ.
Well trained and respected future pilot base for BA and EI.