Nothing is certain as of yet. They are clearly exploring different scenarios for when they receive control in January.
Scenario's i have heared so far
Sell off BmiBaby (Could be bought by Flybe)
Keep BmiBaby (fleet renewal will surely follow)
Sell some LHR Slots (Means domestic regional are sure to go)
The only people that will know are those that are on the top of the ladder. We will have to wait and see but i surely hope that if they do sell Baby, then Flybe will be the buyers as otherwise i can see us loosing a lot at Cardiff.