Who cares what Ryanair write on their aircraft? Thats like worrying about the headlines in 'The Sun' - totally pointless.
Virgin used to write four is better than two on all of their planes (bashing BA777s vs the Virgin 4 engined fleet...) until of course Virgin ordered the 787. Almost a waste of paint!
More to the point with Baby is the question of how long Lufthansa will take to clean up the (huge) BMI losses. Not long I imagine, LH are busy planning cuts at Austrian and LH Cargo too, both of which are also in deep 'doo doo', so LH will have had plenty of practice at where to wield the knife.
One thing that will not be in the LH considerations for sure is what happens to be written on the side of a few Ryanair aircraft.
My prediction is that Baby will either be sold or closed before the end of 2009. Also that all of the BMI UK scheduled operations that do not include LHR will get the chop (to Flybe's delight) and that LH will switch BMI @ LHR to routes that suit LH & Star. eg. new Kiev, extra Tel Aviv etc, and continue to lose domestic routes that don't produce much for LH (more Flybe and BA delight). We've seen a good deal of that already.
LH wants to steal London's, LHR's & BA's premium traffic, not Baby's low yield bucket and spade pax from the UK regions.
Note that Kiev and Moscow are two of Austrians' stronger destinations/connections through Vienna, a hint that LH driven capacity reductions on those routes from VIE are in the offing too. More likley that London and not Vienna produces the premium traffic to these cities.
Im' sure that Ezy and Ryr will sweep up the Baby business and employ more staff to do it.
Who knows we may even see Jet2 picking up a bit of a baby and even one or two aircraft.
FF