Now Boyd is jumping in:
(FYI he has been a cheerleader for scope loosening in the past, championing the regionals, but is changing his tune...)
The Writing's In The Sky & At The Fuel Pump:
The Regional Airline Era Is Long Gone
It makes no real difference how much labor will give in concessions. It really makes little difference how much more - if any - a major airline can be cajoled in to paying more for lift. It makes almost no difference how much slack can be won from lenders. The facts are clear:
more here
Cheers
George