BMI seem intent on running themselves into the ground in a big way if you ask me.
LH seem to be busy raping them for LHR slots and aircraft as part of the 'restructuring' - a number of BMI LHR slots and metal have gone to LH Italia, or to the TXL flight which transferred over from LCY.
The AMS route used to be a great performer for BMI, but they shot themselves in the foot by cutting frequencies down to 4 flights a day, and removing the early morning AMS-LHR flight (sure, it saves a crew nightstopping in AMS) loses them Dutch business day-trip traffic.
They currently have an A319 and crew which sits in AMS for 5-6 hours each day, having worked in from LHR, it can't turn around and work back, because the slot has been flogged off or pinched by LH.
Meanwhile KLM fly LHR-AMS something like 9 times a day and must be rubbing their hands together, as they also dominate BA on this route too.
This seems to be the standard BMI tactic for killing off any European route which once had semi-respectable business yields - cut the flights which are attractive to business pax, yields drop, switch to Embraers, cut frequencies, yields drop further, close route.
Mike