Looks like it's all going north of the border...
BBC News - Sale may lead to Scottish airline
"Scotland could soon have a new airline, based in Aberdeen, BBC Scotland understands.
A group of Scottish aviation experts are closing in on a deal to buy BMI Regional.
They have plans to rebrand the carrier with a Scottish name, positioning it as 'Scotland's national airline' and expanding its route network.
[...]
There have been reports that British Airways and Virgin Atlantic are battling over the valuable Heathrow landing slots controlled by the main part of the airline. Lufthansa has declined to comment on that."
More on the link.
As a regular rattler-about between North Britain and the Soft South, this is intriguing...