Having flown with BMIR several times and also chartered once, I find their crews in general to be far more smiley and helpful than on the Buses, don't get me wrong. It's a great little airline.
But if what I'm hearing is true - should Granite be successful - it goes either of two ways.
1) Kerplunc after the BMI, LH and BEL commitments are completed.
2) Kerplunc by targeting a start-up model on inefficient jets in an unstable market.
I hear much on the grapevine, little of which is positive.