From The Times article:
Flybe, which has expanded rapidly in recent years under Jim French, its chairman and chief executive, is understood to have registered its interest in buying part or all of BMI, including its prized Heathrow operation.
The obvious suggestion would be for Flybe to grab bmi regional and possibly baby too. As for LHR - I suspect that would be (unappealing) for French and Co.
However the rumours about Flybe and bmi regional have been on and off ever since Lufthansa announced their intentions. So in theory, this article does not really tell us anything that we did not know already!
