BMED is a franchaisse (not sure about the spelling). It predominently operates to the former soviet routes Tibilisi, Bakku plus Beirut and Syria. It's major owner was Lord Hesketh rather large and was at one time very much into the motor cycle racing sponsorship. It operates A320 and may now have a couple of A321. Perhaps someone can confirm if it operates under its own Airline Operators Comittee.