use warnings;
use strict;

my $regex1 = '(.*?)\:(.*?)';
my $element1 = 'SETTINGS:Flight';
print "Damn the element1 is  $element1 \n";

if ( $element1 =~ m/$regex1/g ) {
    print "Inside wait for image \n";
}
else {
    print "Inside wait for Text \n";
}

__END__

Damn the element1 is  SETTINGS:Flight
Inside wait for image