They don't seem to have any idea what they want to be. Charter or scheduled, jet or prop. Their fleet is such a mismatch of whatever idea they have that month. The only thing that's remained consistent is the awful Jetstreams that can no longer compete. So much money seems to get wasted that if it was properly invested, consistently run and actually built its brand Eastern could have been able to compete well with comparable airlines.
The Jetstreams can't have much life left in them. They could really do with picking up some more ATR42/72, simplifying their operation and building reputation.
A merger or takeover of Blue Islands would be a good starting point.