with Heathrow slots, just to give the real motive away)
To be fair BMED came without the slots, the new schedule will be operated using bmi slots. What it did have was route licenses, how much money we can make out of them is very much open to question IMHO, I guess we will see in the next 6-12 months. Unfortunately the rest of the picture you paint is largely accurate, bmi is VERY far from out of the woods yet and I don't think the mainline part of the company will enjoy much success until someone else owns it and runs it.