If Flybe are interested in anything it is surely only BMI regional. That would fit quite nicely into Flybe's very successful business model. They have proved they can get rid of 145s and have plenty of Dash 8s on order to replace them. It would also further help the business / leisure passenger mix for Flybe. I suspect it would only be taken on if they can negotiate similar terms to the BACON take over ie Lufty pay Flybe to take it off their hands. Otherwise I'd say Flybe would rather see BMI regional fall on it's arse and fill the void themselves without the hassle of a takeover. Lets be honest, who else in the UK would want or has the resources to take over BMI regional?
Thats my 6 pence worth!!