I have basically zero care in the world if a new AVP movie ever happens. I don't care at all for the two movies that we have, and I never really put much stock in the concept outside of it being a fun enough, gimmicky crossover for comics and video games.
That being said: I think J.A. Bayona might be a genuinely fun choice to helm an AVP film. I think he'd get the pulp that's kind of inherent to the concept's core, and he'd tap into something a bit more stylized in its modes of horror and action with some inherent Gothic sensibilities against a more futuristic/techy backdrop.