mysecretsmile
Your suggestion that BHD - ORK might be suitable for Aer Arann would be OK as long as they they didn't make the same mess as they did with BHD - DUB. I'm sure you recall this barely lasted 8 weeks and the lack of success was due to poor scheduling and fare structure which hardly encouraged healthy support. If they can come up with suitable timings and fares than they would have as good a chance as any of making a success of it.
However, it should be borne in mind that one of the attractions of Jetmagic service was its speed - the ATR would be considerably slower which is why the Q400 of Flybe might be much more suitable.