I don't see why Regional shouldn't do well. Not sure Embraer jets are ideal, although I don't have all of the facts or intentions. It'll come out in the wash if the 'new' management are even slightly competent.
Sadly, bmibaby is and always was a totally different story. Tiny minnow amongst big sharks in a small pond. What did bmi so-called 'management', not to mention anyone who joined, or were scandalously press-ganged on threat of redundancy or rebasing, ever expect?
Good luck to all you Regional guys and gals.