The increase in employee's is down to LH & Austrian ground staff at LHR transferring to bmi, who are now handling all three companies movements at LHR.
BHD-STN having moved to twice daily is making money.
bmibaby aircraft are old, but younger than LH own fleet of 737/5 or Jet2 fleet of classic 737, no investment in fleet renewal is required other than the replacement of the oldest with newer leased aircraft. 2015 may raise some issues but even that is far from certain and in any event 4 years away
Dub night stopping is cheaper than a base, no base managers, office cost, less sickness less crews required.
Regional turn away a lot of 3rd party work due to lack of airframes.
If there were quick answers, WPS would have done them by now! oil & the Arab spring lay at the route of both bmi & baby's problems.