I can't be fussed to spend long on this, but here's the result of a quick search.
2002 - The airline posted a pre-tax loss of £19.6m for 2002, compared with a £12.4m profit the previous year.
2003 - loss of £8.9m
2004 - In March, Sir Michael Bishop announces that the bmi has returned to profitability. Company records a pre-tax profit of £2.1 million
2005 - January. Lufthansa hopes to sell its holding in unlisted UK carrier bmi to escape a clause that could force it to buy a GBP£229 million (USD$431 million) stake, a British newspaper reported on Tuesday.
Nov. - Scandinavian airline SAS "may sell its stake in carrier bmi and pull out of its loss-making joint venture with bmi and Germany's Deutsche Lufthansa on European routes". According to the report, SAS chief executive Jorgen Lindegaard said the venture had cost the company 105 million pounds in losses between 2000 and September 2005. Further, it said, under the terms of the deal, which came into force in 2000, SAS and Lufthansa carry 45 percent of any losses, while bmi takes on 10 percent.
2006 - 5 January. BMI British Midland has denied it is in crisis after official figures revealed it has been losing thousands of passengers while rivals are taking advantage of the revolution that has seen millions more Britons taking to the air every year. After reporting passenger growth of more than 11% in 2004, bmi has refused to publish monthly statistics since last February.
At its much-vaunted budget subsidiary bmibaby, summer passenger numbers rose by just 3% against growth at direct rivals easyJet and FlyBe of 21% and 26% respectively. The decline at bmi comes as a range of younger airlines such as Jet2 and FlyGlobespan have more than doubled in size and stolen market share.
What really matters to the passenger, though, is the reliabilty, efficiency and value they're getting. IMHO, bmi have now lost on all counts.